What will TUAS - TPG'S New Singtel list at ? 15 cents ??, page-2

Isn't that the big question ? If I bought 200 Shares at $1. or 200 Shares at $100 I still only have 200 Shares. I win for sure if I bought at $1.
What am I missing here ? 1:1 TPM to TPG + 2:1 TUA + Special Div would need to be valued at more than what I originally shelled out for. If I don't know what TPG or TUA will trade at how can I know if I will win or lose ?.