Cequence Energy Ltd Common CEQXF

RE:Re- cap gain on eventual liquidation

[Method]

exprohibition18 wrote: Correct method- no accounting there for eventual cap gain on liquidation. Will eat some of the value of that tax savings. But still- the rights right now trade at zero premium to underlying intrinsic value.
im astonished at that.  The Arb is there for the taking .

Exactly half of the tax savings assuming your marginal tax rate doesn’t change. 

Next week will be interesting. My broker needs instructions by Sep 6 so I imagine it’s similar for other retail brokers and Computershare still has to unload all of its supply.