GREY:ESOFD - Post by User
Post by
Ubervakon Dec 03, 2013 4:42pm
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Post# 21965741
Maintained same gap FCU -.05x5.725= -$.286
Maintained same gap FCU -.05x5.725= -$.286
So FCU goes down -$.05 and AMW goes down -$.29.... Same ratio if you apply the 5.725. Seems a bit odd to me given that if you want PLS - AMW is giving you a far better return. Say you had 10,000 shares of FCU at current price is $11,100. That same $11,100 nets you 1880 shares of AMW. That 1880 shares gets you 10770 shares of FCU3... With 150 million shares outstanding the FCU spinco I doubt is the reason for this gap? When will the math make sense? Is it just MM playing around with the price, only to last minute pile in? In a week it won't make a difference, but imo having more PLS shares is better. /shrug - Uber