The deal is done -
For each share of Aurizon, Shareholder will receive :
1) 3.11 in cash
2) 0.3446 in Hecla share
3) 0.3446 x 3.86 = 1.33 ( HL day trading range 4.03 / 3.86 )
4) 3.11 + 1.33 = 4.44
5) 4.44 / 0.96693 = 4.59 CAD ( with exchange rate )
4.59 CAD / share is the deal
Aurizon day trading range 4.27 / 4.03
A possible/easy 10% of profit to do here ?
by kiet
I will go add on more Hecla
http://www.aurizon.com/
http://www.aurizon.com/English/News/News-Releases/News-Releases-Details/2013/Aurizon-Announces-Results-of-Hecla-Arrangement-Consideration-Elections/default.aspx
God Bless
For each share of Aurizon, Shareholder will receive :
1) 3.11 in cash
2) 0.3446 in Hecla share
3) 0.3446 x 3.86 = 1.33 ( HL day trading range 4.03 / 3.86 )
4) 3.11 + 1.33 = 4.44
5) 4.44 / 0.96693 = 4.59 CAD ( with exchange rate )
4.59 CAD / share is the deal
Aurizon day trading range 4.27 / 4.03
A possible/easy 10% of profit to do here ?
by kiet
I will go add on more Hecla
http://www.aurizon.com/
http://www.aurizon.com/English/News/News-Releases/News-Releases-Details/2013/Aurizon-Announces-Results-of-Hecla-Arrangement-Consideration-Elections/default.aspx
God Bless
My opinions are my own and and DD I post should be confirmed as unbiased
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