"Under the Arrangement, shareholders of Hana received C$0.82 in cash for each Hana Share, representing a premium of approximately 88% to the 20-day volume weighted average price of the Hana Shares on the TSX Venture Exchange as of October 23, 2012. The total consideration paid to Hana shareholders was approximately C$67 million and the Arrangement valued Hana's equity at approximately C$82 million. Hana is now a wholly owned subsidiary of Cuprous Capital Ltd.".
Remember this was for a non-operating asset
DML Price at posting:
2.4¢ Sentiment: Buy Disclosure: Held