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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

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To: 1st.mate who wrote (13772)5/20/1999 9:32:00 AM
From: SwampDogg  Read Replies (1) of 62348
 
KOB-T...That is not actually a 25% premium....

At the last quote $1.25x1000 shares = $1250.00
1 right for every 8 owned is 125 shares=$0.90x125= $ 112.50
= $1362.50/1125
= $ 1.21/share

Quick math but it gives you a general idea...not a bad deal if you are already a shareholder but I would not buy to get the right.

edit...even at $1.15 the cost per share is $1.12
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