RE: RE: RE: valuation [gap vis avis NGX]Hi Rock, all
Has any one figured out why the big gap (shortfall) in P sp of $4.30 area, while NGX sp is around $3.20. That puts a potential arbitrage profit of 50 cents/share ... buying 1share of P and selling 1.5 shares of NGX..
I am long on Primero, but having some minor minor doubts about my conviction.
Any comments pleas?