"July 13th = 3 Nat Med AG for every 1 PMCL =5,333 shares Nat Med $1333 " The 5,333 shares of Nat Med will be worth 0.25 Euros each, or 0.34 dollars each 5,333 x $0.34 = $1813 1813 / 10000 = 0.18 per share This is the value of the Nat Med shares alone. The existing PMCL shares not included. IMO.