If you notice the very fine print at the bottom of page 3 of the...

If you notice the very fine print at the bottom of page 3 of the presso doc, it says that the 30.2c is determined on the basis of UUUU shares being $5.84. So, I think the price they convert the BSE shares into UUUU will ultimately be relative to the stock price of UUUU, all things remaining equal. In other words, if it goes to $11.68, we would get less UUUU per BSE share. So 0.013 UUUU per BSE.

Although there is an Independent Expert report that needs to consider whether the "scheme is in the best interest of Base shareholders". If I am wrong, and UUUU provides the shares at the same 0.026 conversion ratio, then any upside on the UUUU price is just cream on the top for us. The Independent Expert might defend this outcome as being in our best interest. It certainly would be preferable to me!