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Forums › ACCA Forums › ACCA AFM Advanced Financial Management Forums › Sigra Dec2012
Q a estimate the % gain on dentro method 2 an offer of 3 shar of sigra for 2 dentro , why we divided by 2 the answer is ( 3,644×3-2×4.50) divide by 2
Because the offer is for every 2 shares held in Dentro.
So divide by 2 in order to get the benefit per every 1 share.
