BSG bolnisi gold nl

merger profit delta, page-2

  1. pattyp
    3,159 Posts.
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    31/07/07
    16:49
    Post #: 2670504

    30th July 07 - CDE Closes up 3.11%
    http://finance.yahoo.com/q?s=CDE

    31st July 07 - BSG Closes up 0.36%
    http://finance.yahoo.com/q?s=BSG.AX

    BSG = 2.82*0.86 = USD2.42 per share

    Offer:
    100-BSG * USD2.42 = $242
    100*0.682 * USD3.98 = $271

    Profit:
    (271-242) = 29... 29/242 = 12%
    ..........
    BSG Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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