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True value of this deal = $7.13
posted on
Jul 24, 2008 09:17AM
Using the same assumptions that they used to claim the premium they are paying to ARU shareholders I come up with a price of $ 7.13 and not 8.20.
Based on an average price for Kinross SP over the period in question of approx $22.5. The value of the warrants being approx 0.00.
