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Kinross Offer should fluctuate
posted on
Aug 08, 2008 03:58PM
When Kinross made their off to buy out Aurlelian they values a share of Aurlelian at $ 8.20....IF KINROSS STILL FEELS that Aru GOLD PROPERTY AND COMPANY is worth $ 8.20 per share ......THEN ARU IS WORTH $ 8.20 divided by the price of a Kinross share ( which closed at $15.74 US today) or ....
ONE SHARE OF ARU IS NOW WORTH ..5210 OF A SHARE OF KINROSS STOCK ( 8.20/15.74=.5210)
THE VALUE OF ARU GOLD PROPERTY IS STILL WORTH $ 8.20 !!
