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Re: vonitsa post# 22672

Tuesday, 01/23/2007 5:35:04 PM

Tuesday, January 23, 2007 5:35:04 PM

Post# of 63795
you are close except for the dividend part.


you start with 10,000 USSE shares as of Dec 1. Then add 50,000 USSE shares on Dec 20.

So, you have 60,000 shares of USSE of which 10,000 are eligible for the dividend. After the merger and dividend payout you will have:

78,000 ONYI (60,000 x 1.3)
10,000 SPC (whatever symbol it happens to be)
0 shares USSE