1. EGA shareholders believe that they are not getting a good deal, as their shareholding in EGA wil be converted to 0.27 SLR per share (which could be $1.10 after the transition. 2. What happens if this deal doesnt go through? 3. Calculations wise:
10000 EGA shares at current value 0.335cents = $3350 which is equivalent to 2700 SLR shares at current value $1.25 = $3,375 give and take you cost to buy and sell shares, you can keep the spare change.
SLR Price at posting:
$1.25 Sentiment: Hold Disclosure: Not Held