News Focus
News Focus
Followers 34
Posts 4034
Boards Moderated 0
Alias Born 04/01/2009

Re: castboy post# 351396

Wednesday, 12/14/2011 5:00:57 PM

Wednesday, December 14, 2011 5:00:57 PM

Post# of 749756
No. You are treating the math as if 1 WAMUQ = 1 NewCo share, when that's not the case.

1 WAMPQ share = 530 WAMUQ shares

and

1 WAMPQ share = 18.667 NewCo shares

So

530 WAMUQ shares (which equals 1 WAMPQ share) = 18.667 NewCo shares

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today