GREY:WFREF - Post by User
Comment by
uogradon Feb 20, 2016 8:42am
142 Views
Post# 24577599
RE:RE:RISK / REWARD
RE:RE:RISK / REWARD
Exactly.
The arb on the Talimsan/Repsol deal was still about 8% even after the shareholder meeting to approve the deal because they still have to get government approval to get it done.
I suspect the arb here will drop to about 15-20 per cent after the shareholder approval on the 29th so stock will likely trade in the low .40's.