So true!
The calculation I am getting is UUUU USDprice/0.665(value of AUD/USD)/38.5 ( ie amount of BSE shares for 1 UUUU share) + 0.065 (payout dividend to existing BSE shareholders on merger) = value of BSE share equivalent on the day....
so today it is 6.10 ÷ 0.665 ÷ 38.5 + 0.065 =0.3032 Aussie dollars
So the higher the UUUU price and the lower the value of Aussie dollar - the better the return.
And that is if the deal goes through.....
Joe
Ann: Presentation - Energy Fuels and Base Resources Combination, page-216
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