MLT 0.00% $6.59 milton corporation limited

Ann: SOL: Merger with Milton Presentation, page-28

  1. 488 Posts.
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    @InvestorGadget1
    > I thought the conversion ratio is calculated in September.

    correct

    > What happens if there is a market correct that causes the price and NTA of Milton to change in the next few months, do they still use $6 per share as the basis of their offer?


    if market corrects then everything corrects.

    except (hopefully) MLT final and special and SOL dividends

    $6 was never a basis of the offer, the offer is based on Milton's pre-tax NTA less dividends plus premium

    //
 
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