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[sharechat] RE:RBC byback, post FFS settlement

From:	"George Hill" <ghill@buzzavox.com>
Date:	Mon, 13 Aug 2001 07:02:09 +1200

Gerry,

I calculate

1. RBC's NTA after selling their FFS shares = $1.37

2. If shares still at same discount (20%), then new share price would be
$1.10

Many thanks for this exercise: a lot of fun, and illuminating. Will be
fascinating to see what actually happens, eh?

George


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