NHC 2.22% $5.07 new hope corporation limited

Ann: Sale of New Hope Shares & Entry into Long Equity Derivative, page-30

  1. 16,916 Posts.
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    @turbs,

    Clearly, the Reference Price had not been determined at the time the offer documentation was made public.

    It was subsequently determined at $1.68, and the premium was determined to be 25%.

    => Conversion Price = 1.68 x 1.25 = $2.10

    .
 
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