TSX:CUS.DB.D - Post by User
Post by
UnverifiedUser_308020on Oct 19, 2015 10:34am
368 Views
Post# 24204302
Question from a newbie?
Question from a newbie?Long time lurker, first time poster...
CUS takeover value was 0.153 SPB shares per CUS share. CUS currently trading at $1.33, SPB trading at $10.87. $10.87 gives CUS a present value of $1.66 (or a premium of 25%) over todays prices.
Is the large discrepancy because the closing date is so far away (Q2 2016)? Or because the market believes the deal will not go through due to regulatory/shareholder issues?
I am not a great trader, but 25% in 6 months doesn't doesn't sound like a bad punt, especially if CUS has done their homework on the regulatory issues.