Currently....GMD offer at last closing price of $1.15 @ 0.0843...

Currently....

GMD offer at last closing price of $1.15 @ 0.0843 per share for every DCN share equates to valuing DCN at $0.097 a share (rounded up).

Now it's been along time since I was in school (a very long time infact), and things may have very well changed in the education system between now and then, but surely DCN SP atm of $0.165 is more than $0.097 ? By about 60% in my head.

Then again, I could be the smartest dumb person, or the dumbest smart person I know