LTM 3.82% $4.08 arcadium lithium plc

“Ake/ livent merger was 0.56/0.44=1 ratio, gxy/Ore was 0.569/...

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    “Ake/ livent merger was 0.56/0.44=1 ratio,
    gxy/Ore was 0.569/ 0.431=1 ratio.
    LTM at $4×0.56= 2.24 ×0.569= $1.27 gxy.”

    ???

    GXY to ORE = 0.569
    ORE to AKE = 1
    AKE to LTM = 1

    $4 LTM = $2.28 GXY

    100,000 GXY shares at $2.28 = $228,000
    = 56,900 ORE shares at $4.01
    = 56,900 AKE shares at $4.01
    = 56,900 LTM shares at $4.01
 
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