RE:Buying strategyIf you think come January or even between now and then, IAN shares will be higher than $7.10, then MPX is a buy at the current price of $1.19. The IAN proce of $7.10 is approximately what you get when you do the math on the deal value for MPX of .1673 of an IAN share. So, given that IAN is currently trading at $8.16 and I would anticipate that other calalysts and the US mid-terms will only serve to elevate the current price, it seems like a no-brainer right now. IAN's current $81.6 share price values MPX at $1.37 excluding the MPX International spin-off which is a bonus as MPX shareholders get free shares of that entity when and if it publically lists. What is the risk then? The deal falling apart and MPX shares plummet accordingly.
KeySee1 wrote:
Hi all,
i planned to buy MPX this week but din't (damnn)
What do you think I should do, buy only MPX shares, or buy IAN shares, or both ?
In january, after the vote, MPX will be part of IAN ?
thanks for sharing