Re: NI Price 17.25 US
in response to
by
posted on
Jan 21, 2009 10:34AM
Third largest primary Gold Producer in North America
For each ARU sh we recd 0.317 shs and 0.1429 Wt. Kinross determined ARU FMV on 29Sept08 = $5.91 Where did K get this fig as it's not a Closing price of any significant date ie end of Aug, 15Sept or 29Sept08.
the $5.91 price is the aggregate of the value of the warrants and shares we received.
the share price was $17.10 x 0.317 = 5.42
the warrant price was $3.41 x 0.1428 = 0.49
so the total value of the transaction was $5.91.