Theorectical Ex Bonus price for Rowsley

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Here is how I calculate:

Rowsley closed at 0.565 yesterday and today is Ex-Bonus

(0.565 + 0.18 + 0.18) / 3  = 0.308 = theoretical listing mother after ex bonus
(0.308 - 0.18) = 0.128 = theoretical listing warrant price 

Rowsley's bonus warrants will be traded on 11 Oct 2013