Canadian Oil & Gas Companies Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Canadian Oil & Gas Companies

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Kerm Yerman who wrote (4197)	11/26/1997 11:00:00 AM
From: SofaSpud	Read Replies (1) of 24914

Trego / Calibre I'm confused. On December 17 shares in Trego will be worth $1.30 plus 1/5 of a Calibre share - currently (80/5) =16 cents, for a total of $1.46. And Trego is trading for $1.24. Sure, I can see factoring in a bit of a discount in case Calibre prices drop (even though the shares are up 7% since the takeover was announced), but the current Trego price discounts to zero more than the entire value of the 1/5 Calibre share. Am I reading the offer incorrectly, or is the 20 cents somehow not worth bothering with?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next