ARU 0.00% 18.0¢ arafura rare earths ltd

arafura demerger to nupower soon, page-11

  1. 4,539 Posts.
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    Quite right Juk

    another way of looking at it is taking the binary floating point average of ARUO and ARU

    where z is the floating point average and f is the log based differnential of ARU to ARUO

    f*Aexp + z/x*Nexp = f*20
    dividing by z gives:
    Aexp +Nexp/z = 20

    Still gives the same answer 20 cents for NUPO and 15 cents for ARUO strike prices.
 
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