GREY:BNCIF - Post by User
Comment by
TKingadvisoron Oct 23, 2014 5:41pm
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Post# 23056295
RE:RE:RE:Conversion to flinders
RE:RE:RE:Conversion to flindersArbitrage play here is huge. 0.05 * 9 = 45 cents per FDR. Risk vs Reward is very attractive at this level. Anything below 0.06 will give you an edge
Risk of bottom out at 0.035 - 0.04 if acquisitions fell through (20% chance)
Reward of 0.07 -0.075 if acquisitions happen (80% chance)