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Re: nesster13 post# 26446

Saturday, 09/11/2010 10:39:38 AM

Saturday, September 11, 2010 10:39:38 AM

Post# of 93372
Nesster are you allowing for the dividend share in this calculation.

As I understand it the conversion rate (using your exchange rate for the Euro and assuming the IPO happens at the minimum 1 Euro.) will be 200 for 1 + 1 dividend share so the "value" of each current SDVI share would equate to 2 x $0.00635 = $0.0127

The shares which qualify as "long term" would attract an additional New Graffiti share (3 per 200 SDVI shares) so here the the value would be 3Euros or $3.81 for 200 current SDVI shares or $0.01905 each.



Can anyone confirm if this is the correct way to look at this or am I way off?