If CLF were $75 a share, then you would have $1.50 per FWR share, in a very rough approximation. At $70 per CLF share, a bit less. Those CLF shares seem to be going up fairly steadily though, so wait a while and your CLF 'stake' received for each FWR shares will be worth perhaps $2. If you sold for cash, don't despair, you can buy CLF shares anytime. Had you done so immediately, when CLF was $40 or so, you would be doing quite well now.