Post by
toriddog on Dec 02, 2013 10:34pm
AMW Trading ex spinco
Tomorrow AMW shares should not drop much because of the spinco being removed. Nothing much is happening on any of their other assets. So if the FCU price stays somewhere close to the closing price today, AMW shares price should move up to close some of the gap to 5.725 FCU shares less spinco shares. This also assumes the FCU spinco will have a low price due to the large number of shares being issued.
One of them is going to move , which one is hard to predict at this time. Those of us that hold strong positions in both stocks have an advantage. I doubt that both of them will drop as they both are already at an attractive price.
Comment by
quakes99 on Dec 02, 2013 11:18pm
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