AFG - CD worth a look

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AFG- CD profile

launch : 14 JUNE 2010

Expiry : 14 JUNE 2011

Exercise: RM 3

Ratio: 3:1

Current price: 0.15

Calculation
0.15* 3 = 0.45 + 3.00 = 3.45

Mother price : 3.18

If what Dali said come true of M & A, what will AFG-CD worth???