Post by
feinsand on Mar 20, 2018 2:26pm
Fascinating, ALO leading by 8% C$2.70, since C$2.50 == C$1.2
ALO leading by 8%
ALO C$2.70 now and ALO C$2.50 == RPM C$1.2
Comment by
Flopticalcube on Mar 20, 2018 2:28pm
Maybe some trepidation that the deal will fail?
Comment by
feinsand on Mar 20, 2018 2:37pm
Sure this here is lagging a bit due to low volume and such, maybe also hesitation. But it well moved down and up earlier, synchronizing perfectly with ALO lead. Both parties benefit, short & long term - assets and projects. ALO back to C$3.20 short term, i.e. RPM back up to C$1.536.
Comment by
2fast4uI on Mar 20, 2018 2:43pm
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Comment by
feinsand on Mar 20, 2018 2:52pm
now see both gap downs to be closed next days and RPM catching up of course -- good luck
Comment by
2fast4uI on Mar 20, 2018 2:40pm
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Comment by
feinsand on Mar 20, 2018 2:50pm
Funny, I see it almost the other way around. RPM having the better short term cash flow compared to ALO. The deal allows good consolidation and debt deferred payments. Win win for both. Both BODs wouldn't have nodded w/o the bigger owners siding with them.