The companies' plan estimates those shares would be worth about $25 each, but their trading value could be far different.
The trading value, at 3.5 billion Iraqi dinars, or $1.7 million, was up 94 percent.
The program would give shareholders a special $40 cash dividend and a bond with a trading value of about $8 for every share they own.
The iPath trade close to their intra-day trading value and usually have a 30 year maturity.
"My 10-year-old is starting to get a sense of it because of Pokemon cards, their trading value."
"I don't need to tell you how much the cooperative's survival depends on the trading value a statue would bring."
(That alone makes him worth at least $65 million based on the company's current trading value.)
This was more than twice the company's trading value.
Northern Rock announced that all offers had been "materially below" the previous trading value.
The index's base was the trading value of listed securities on the previous day, September 2, 2002
