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Saturday, March 21, 2015 11:07:42 PM
FXCM wasn't really worth that much more before the CHF event. At $17/share, and 47 million shares, that is 799 million.
They are now worth ~$300+ million less.
Ok, so they are worth $499 million if they are worth 300 million dollars less.
499 MILLION dollars divided by 47million SHARES = So Crusen estimates $10.62 per share is the value of FXCM now... I'll take it!
GLTA
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