LGL NCM

re: Ann: Newcrest and LGL Enter into Merger I... So, If we have...

  1. rideronthestorm
    1,549 Posts.
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    04/05/10
    10:05
    Post #: 6650003
    re: Ann: Newcrest and LGL Enter into Merger I... So, If we have say 1000 lgl shares, based on this info. provided, what will be the new value of my NCM shares ? Is this correct; 119 new NCM shares @ $32.06 + $0.225 / lgl share (= $225 less interim divy) . Therefore approx. $ 4040.14 less divy.
    Current lgl price equivalent = $ 3670

    Rider
    LGL Price at posting: $3.67 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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$1.75 		Change
0.000(0.00%) 		Mkt cap ! $213.6M
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