UKL uranium king limited

If merger is to proceed, wouldn't the two share prices settle...

  1. ToBo
    231 Posts.
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    21/10/07
    09:45
    Post #: 2917104
    If merger is to proceed, wouldn't the two share prices settle into a 5/7 relationship?
    A week later:
    Thursday 18 Oct close -
    . MRO sp $0.95
    . x 5/7 = $0.68 expected UKL sp?
    . UKL actual sp was $0.65
    but Friday 19 Oct close -
    . MRO sp $1.05
    . x 5/7 = $0.75 expected UKL sp?
    . UKL actual sp was $0.65
    UKL Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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