BDR 0.00% 6.5¢ beadell resources limited

Ann: Great Panther Silver to Friendly Acquire Beadell Resources, page-53

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ANNOUNCEMENT SPONSORED BY PLUS500
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  1. 1,417 Posts.
    lightbulb Created with Sketch. 35
    From the announcement: "The implied equity value for Beadell based on the Consideration is approximately A$144 million (approx. US$135 million)."

    Anyone know how they calculate that. Not based on the current exchange rate.
 
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