it should but looks like it is still going down not sure what the last closing price means for BSE in term of conversion point of view would it be 21.5c?
What is the implied value based on UUUU's last closing price of $5.62 which is below the price announced with the deal ($5.84) also Fx rate gone up as well from what was announced (64c)... !
It would be good we get the smart people use calculator and get us the current value based on fx rate of 67c !
1 Base Share = 0.026 x UUUU share at 67c = (0.026*5.62)/0.67 = 21.8c AUD is that correct way to do conversion?
Interesting how change in Fx rate and UUUU share price makes final value fluctuates... ! Just 10 day before someone said value of 25c and now 21.8c so reduction of 11% in 10 days ..... very uncertain in my opinion.
Ann: Presentation - Energy Fuels and Base Resources Combination, page-242
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