Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Long Run Explor Ltd Ord WFREF

Energy Oil & Gas E&P
"Long Run Exploration Ltd is engaged in the development, exploration and production of oil and natural gas in western Canada."


GREY:WFREF - Post by User

Long Run Explor Ltd Ord > RISK / REWARD
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(45)
•••
Comment by wilwalon Feb 21, 2016 3:57pm
261 Views
Post# 24579836

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RISK / REWARD

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RISK / REWARDExactly on the debs.

For deb holders, that means if the deal closes on April 30th, you will be paid $798.00.  Deb holders need to be careful because normal deb trading features accrued interest being paid/received at the time of the trade.  However, in this deal, if you sell before closing, your buyer will not pay you any accrued interest and the buyer will receive the full $48.00 upon closing.

I'm expecting a healthy arb premium right up to the end which will consist of the time value as well as a premium for the risk of not closing.  The time value premium will decline as it gets closer to closing date but the closing risk probably will remain fairly static.
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities