An interesting thing. 0.183*100000/0.3707 ~= 49355
Lost me. What is the 100 000 and the 49355? (TRW has ca 100M shares, not 100k if that's the 100 000)
However, we already knew that OS was 49.x M shares. What they didn't write today, but what should still be valid, is that we'll get some more shares later. Hence the total distribution should be closer to 18.3M/41M = 0.4463 TRW pr SIAF (if my memory of the number of collateral shares is correct)
Which is half-ish of what we believed we would get one year ago :-(
That doesn't mean anything. The TRW per SIAF ration is defined in their release as 18,300,00 / "OS on Oct. 31". So 18.3mil/49.355mil =~ 0.37078
So really the only thing you can say is that they won't dilute anything tomorrow (besides maybe 10,000 shares because then the numbers would match exactly).