STO 2.04% $7.99 santos limited

My calculations: STO value new shares at $6.80. Exisiting...

  1. 9 Posts.
    My calculations:

    STO value new shares at $6.80. Exisiting shareholders can buy them at $3.85.

    So pretend I have 170,000 shares @ $6.80. I am entitled to purchase another 100,000 @ $3.85.
    Total amount of shares = 270,000 @ a total value of $1,541,000.

    $1,541,000 / 270,000 = $5.71 per share.
 
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