Charles Taylor Group Plc V.MQL

RE:0.03

[roscoe74]

Its down to $.025 because some holders simply want out of this train wreck Because its a share swap, no cash, there is little likelyhood of the deal falling apart unless the PPR guys are really upset with the deal  even though MQX were desperate price-takers.

Despite the arb, to me, the price will have to drop to $.02 before I will consider this stinker. Until the deal closes, there is still a large risk of a screwup and a MQX stinkbid may well get filled by unhappy sellers-it is tax loss season, after all and managers like to get rid of the smelly names early.