OTCQX:ELYGF - Post by User
Post by
woolco999on Aug 03, 2021 7:21pm
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Post# 33646362
Deal assistance
Deal assistanceCan anyone help with a couple questions.
1. If we choose the 1.46 money option ...when will we get the money?
2. Up to when can we buy stock at 1.30 and then get 1.46 or .245 of a GROY share in exchange?
I don't understand how ELY is trading more than 10% below both exit prices....unless ones money is tied up for a few months etc....
Why would not an arbitrage player buy 500k shares of ELY at 1.30 and then sell to GROY for 1.46?