RE:RE:RE:RE: I think we'd fare better with a reverse split There is no deal. AMK is up 65% since the nonbidning nondeal was announced.............yet still trading just over 1/3 of nonbid price!!!
Before the nonbid, AMK was a much better buy than TUD as they have a free carry to production decision. But now with the spike in AMK it is trading at a bid premium to TUD. If you back out the expected value of the free carry, or looking at it another way the dilution that TUD will face over the next few years in funding TC, there is an argument it is on par with TUD.
Regardless, TUO provides the best value of all 3, by a long run, imho............
when the nonbid goes away, and im sure it will get dragged out.............this weeks NR suggests it will............AMK will take a beating.........a huge beatin............
all imho
garzillalives wrote: Sure, you're right. I'm not going to sell my AMK now to buy TUD. I just guessed $1.50 but I doubt TUD will be at a premiun to AMK if/when the deal is finished.