'Exchange ratio to be determined by historic prices'
Thats the grey area.
On current price you would think intrepid is overvalued and the new intrepid would have a somewhat lower price than the current $cad price once nustar reissues the shares.
I can see nustar shareholders benefitting more than intrepids post merger.
NMC
nustar mining corporation limited
'Exchange ratio to be determined by historic prices'Thats the...
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