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ChicagoIllinois

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ChicagoIllinois

Re: Med.rare post# 160

Monday, 02/09/2009 11:33:25 AM

Monday, February 09, 2009 11:33:25 AM

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There's more to it thant that. I don't have the numbers with me but the difference comes from Hudbay having to issue something like 150 million news shares to pay for the deal and reducing considerably the value of its stock (50% or so). So even though the deal is for Lundin shareholder to get 39% (I think) of Hudbay's share, the value of Hudbay's share will something like 50% less by then.


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