1. Arrow gave 1 DTE for every 2 AOE shares - not one for one.2....

1. Arrow gave 1 DTE for every 2 AOE shares - not one for one.
2. There was no price "allocated". The shares were given and the market determined their value. On day 1 (22.7.2010), DTE opened at 71c and closed at 74c.

AOE holders also received 9c capital return per AOE share as part of the deal.

http://www.theaustralian.com.au/business/dart-energy-seeks-permission-to-put-cart-before-the-horse/story-e6frg8zx-1225878152442

http://www.ato.gov.au/Individuals/Ind/Arrow-Energy-Limited-group-demerger-%282010%29/