Rpt shareholders selling at 14c. Read below. It is posted on the Stockhouse.com bullboards.
With the Redport takeover by Mega, Redport(RPT.AX) Mega is offering 10 shares in their company for every 574 Redport Shares. This calculation was based on Mega Uranium being $6.68 Canadian and with an exchange rate of 1.204 and Redport being 0.14AUD.
Mega closed yesterday at $8.90 Canadian.
That's 33% higher than the original price of $6.68. The exchange rate is pretty much the same give or take a percent or two.
Conclusion at last night's close RPT should be trading at 18.5 - 19c. It closed at 0.135cAUD in Australia today
If anyone is looking at buying Mega at a 35% discount.......DON'T DELAY CAUSE THIS WONT LAST
RPT
redport limited
Rpt shareholders selling at 14c. Read below. It is posted on the...
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