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Banca Ifis is an independent banking group specializing in the collection of trade receivables, non-performing loans, and tax receivables. The group's credit is exposed mostly to Italy and other European nations. Its trade receivables segment focuses on growing trade finance loans and providing liquidity to Italian small and medium-sized enterprises. Approximately one-third of its loan... see more

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Banca I.F.I.S Spa > NRT share value at closing today .104

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Post by goofenoff on Sep 05, 2014 11:27pm

NRT share value at closing today .104

Good to see FDR shares up 4 cents to .94 today.
A NRT share, if converted to FDR shares at today's close, rose to the $0.10444 value. The NRT share closing at 0.085 is trading below future conversion value with room to appreciate. The gab will get closer as less shares get offered for sale!
Arbitrators are watching this.
Interesting lesson.

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Comment by goofenoff on Sep 06, 2014 11:36am

Oooops, fudged the numbers - should read: FDR closed at .96 NRT value rise to .10666 Sorry, it got late last night. excuses, excuses

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Comment by BaystreetBrian on Sep 06, 2014 1:55pm

I think once they confirm everything by early October(which they stated), NRT should be around .10 or .11, that's the only reason why we havn't seen a confident movement upwards, it's still just in the window shopping stage.....I'm really excited, because FDR has first company momentum, which should only continue after this acquisition......most people aren't aware that ...more

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