AMU
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0.00% 21.0¢ amadeus energy limited

When the deal was announced on 21st March:AUD/USD 99.5WTI...

  1. 9Dragons
    186 Posts.
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    28/04/11
    10:42
    Post #: 8321458
    When the deal was announced on 21st March:
    AUD/USD 99.5
    WTI 101

    Eden agreed to pay just over $99M or 33c cash at 104.99 AUD capped.

    If at the end of June AUD is 109, then Eden will pay
    33c * 104.99/109 = 31.78c
    plus 2c dividend (may or may not depend on the tax impact)
    Equal to 33.78c
    AMU Price at posting: 26.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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