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Btw how was the opening price of APT calculated? Since no one...

  1. dhnCopp0y
    246 Posts.
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    04/07/17
    01:46
    Post #: 25643862
    Btw how was the opening price of APT calculated? Since no one owned any, there couldn't be a market supply/demand for it to dictate the price right? Or am I misunderstanding how everything works?

    Does it factor in the combined market capitalisation of both companies and then divided by the # of shares altogether? I am wondering how the APT share price is trading about 10% higher or so than AFY - why would this be the case?

    I may be completely off the mark here so please let me know. Disclaimer - I have not really read any of the announcement material in detail. If it's in there somewhere, please let me know
    APT Price at posting: $3.00 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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