Followers | 3 |
Posts | 441 |
Boards Moderated | 0 |
Alias Born | 03/23/2007 |
Thursday, January 04, 2018 12:35:19 AM
http://www.energyfuels.com/news-pr/energy-fuels-announces-shareholder-approval-of-acquisition-of-strathmore-minerals-corp/
The exchange ratio is what makes an investor lose big time on a company buying a different company. Just make up a number of shares that you would have bought of Strathmore, lets say 500 shares at 4 dollars. Okay, You do the math:
"Strathmore shareholders will receive 1.47 common shares of Energy Fuels for each common share of Strathmore held (the “Exchange Ratio”), resulting in the shareholders of Strathmore owning approximately 21% of the issued and outstanding shares of Energy Fuels upon completion of the Transaction based on Energy Fuels’ current common shares outstanding.
Energy Fuels and Strathmore will host a joint conference call on Thursday, June 20, 2013 at 4:30pm ET to discuss the Transaction and its related benefits to both Energy Fuels and Strathmore shareholders. Details for the conference call are forthcoming, and will be posted to the Energy Fuels and Strathmore websites (www.energyfuels.com and www.strathmoreminerals.com), when available."
Okay, so 500 shares at 1.47 equals 735. Well then UUUU enjoys a 1:50 reverse split and now you have 14.7 shares. 14 shares at 1.90 equals less than 30 dollars. So in this example $2,000 becomes less than 30 dollars. There you have your investing lesson for the day! After all, I am Losing Money Here!
Recent UUUU News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/04/2024 10:29:40 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 10/04/2024 10:27:39 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/04/2024 10:23:09 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 10/04/2024 10:18:23 PM
- Energy Fuels to Host Conference Call on Acquisition of Base Resources • PR Newswire (Canada) • 10/04/2024 05:00:00 PM
- Energy Fuels to Host Conference Call on Acquisition of Base Resources • PR Newswire (US) • 10/04/2024 05:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/03/2024 08:11:18 PM
- US Rare Earth and Critical Mineral Supply Security Significantly Boosted as Energy Fuels Closes Acquisition of Australia's Base Resources • PR Newswire (Canada) • 10/02/2024 11:00:00 AM
- US Rare Earth and Critical Mineral Supply Security Significantly Boosted as Energy Fuels Closes Acquisition of Australia's Base Resources • PR Newswire (US) • 10/02/2024 11:00:00 AM
- Federal Court of Australia Approves Transformational Acquisition of Base Resources • PR Newswire (US) • 09/12/2024 12:19:00 PM
- Federal Court of Australia Approves Transformational Acquisition of Base Resources • PR Newswire (Canada) • 09/12/2024 12:19:00 PM
- Energy Fuels Advancing Work to Prepare for Restart at Nichols Ranch Uranium Project in Wyoming • PR Newswire (US) • 09/11/2024 12:45:00 PM
- Energy Fuels' Transformational Acquisition of Base Resources Wins Shareholder Approval; All Required Regulatory Approvals have been Obtained • PR Newswire (Canada) • 09/05/2024 08:06:00 PM
- Energy Fuels' Transformational Acquisition of Base Resources Wins Shareholder Approval; All Required Regulatory Approvals have been Obtained • PR Newswire (US) • 09/05/2024 08:06:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/24/2024 12:24:21 AM
- Form 3/A - Initial statement of beneficial ownership of securities: [Amend] • Edgar (US Regulatory) • 08/24/2024 12:10:21 AM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 08/24/2024 12:02:34 AM
- Energy Fuels Acquires RadTran LLC as A Further Step Toward Addressing the Global Industry Need For Medical Radioisotopes in Emerging Cancer Treatments • PR Newswire (US) • 08/19/2024 12:30:00 PM
- Energy Fuels Acquires RadTran LLC as A Further Step Toward Addressing the Global Industry Need For Medical Radioisotopes in Emerging Cancer Treatments • PR Newswire (Canada) • 08/19/2024 12:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/16/2024 03:56:22 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 08/16/2024 02:46:08 PM
- Energy Fuels Announces Q2-2024 Results Including Uranium Mining and Successful Commissioning of Commercial Rare Earth Separation • PR Newswire (US) • 08/02/2024 10:55:00 PM
- Energy Fuels Announces Q2-2024 Results Including Uranium Mining and Successful Commissioning of Commercial Rare Earth Separation • PR Newswire (Canada) • 08/02/2024 10:55:00 PM
North Bay Resources Announces Assays up to 5 oz/ton Gold, 1.5 oz/ton Platinum, 0.5 oz/ton Palladium, and 0.5 oz/ton Rhodium at Mt. Vernon Gold Mine, Sierra County, California • NBRI • Oct 4, 2024 9:15 AM
Basanite, Inc. Appoints Ali Manav as Interim Chief Executive Officer • BASA • Oct 3, 2024 9:15 AM
Integrated Ventures Announces Launch of MedWell Facilities, LLC and Lease Agreement with Giant Fitness Clubs • INTV • Oct 3, 2024 8:45 AM
Beyond the Horizon: Innovative Drug Combinations Offer New Hope for Alzheimer's and More • NVS • Oct 3, 2024 8:45 AM
SMX and FinGo Enter Into Collaboration Mandate to Develop a Joint 'Physical to Digital' Platform Service To Enhance Natural Rubber Industry's Ability to Report on Sustainable and Ethical Supply Chains • SMX • Oct 3, 2024 7:00 AM
Transforming Alzheimer's Treatment: Innovative Combinations to Boost Cognition • PFE • Oct 2, 2024 9:00 AM