GREY:MCESF - Post by User
Comment by
Northforce13on Mar 25, 2022 12:30pm
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Post# 34545881
RE:RE:Recent news release
RE:RE:Recent news releaseMarket thinks there's a chance it won't pass. I extrapolate that speculation from the slight weakening of the SP during past week, whereas it should be the opposite if the deal was 99% sure to pass;
Right now you can buy at 3.94 theoretically, getting 4.00 by April 8th? (Guesstimate). That's 1.52% gain for two weeks = 39.52%/annualized, non compounded.
Seems "probable to go through" now, but not like 99% anymore.
We will know next week!