With so much support for your post mOngy, I can see why this forum has been "saying all along" that the 4.81:1 is "fair".
As a NME holder, my acceptances would have been signed in November if your calculations were right, as your numbers suggest the offer is actually 6.29:1
My calcs are:
MCT shares 2143m
NME shares 267m
MCT total shares after acquisition 3424m (267 x 4.81) + 2143
Offer to NME 1284m
Therefore 37.5% for nearly half of the company.
Ann: NME - Change in substantial holding for NME, page-51
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| Open | High | Low | Value | Volume |
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