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AvenEx Energy Corp AVNDF



GREY:AVNDF - Post by User

Comment by bakken13on Dec 24, 2012 8:26am
258 Views
Post# 20768609

RE: Not yet !

RE: Not yet !

Well, it is far too late to sell now.

May as well just ride it out.

But the best move would be to do a swap, buy PCE and sell your AVF, as PCE is priced at a discount. So you will get more shares of the new company for the same number of dollars. And you get to book a tax loss if you sell your AVF today.

As AVF initiated this deal, they will not get a sweetened offer. But PCE could get a bid from someone else, pushing its share price up even more in relation to AVF. So the swap looks like a classic "no-brainer".

If the deal does go through, you still win.

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