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Message: As you know deal is complete ...quick question...

https://www.lithiumamericas.com/news/lithium-americas-completes-acquisition-of-millennial-lithium

"...Pursuant to the Arrangement, Lithium Americas has acquired 100% of the issued and outstanding shares of Millennial (“Millennial Shares”) and Millennial shareholders are entitled to receive 0.1261 of a common share of Lithium Americas and $0.001 in cash in exchange for each Millennial Share held immediately prior to closing of the Arrangement. The share ratio was calculated by valuing the Lithium Americas shares at a price equal to the volume-weighted average share price of Lithium Americas for the 20 trading days ending two business days prior to closing, and by valuing the Millennial common shares at a price of C$4.70 per share. In aggregate, the Company issued approximately 13,200,000 Lithium Americas common shares under the Arrangement to former Millennial securityholders as consideration for their respective Millennial Shares and convertible…" 

  My quick take at the LAC SP during the last 20 days was about $29 give and take, is that mean that LAC actually benefitted little bit  in this transaction if price per share was in upper $ 30-th ? ??

 

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