Alio Gold Inc. T.ALO

Why is Alio under valued?

[Bayfox]

Alio owns 20% of Magma, which went up 21% today and is merging with Argonaut on a 1 for .67 share basis, yet it is not rising as fast as Argonaut. I'm selling my Argonaut stock and buying Alio and making 5% on the switch.

[Bayfox]

Sold 10,000 AR at 1.59 and bought 15,720 Ali at 1.01, which when swapped .67 for 1 will be 10,530 AR shares for a gain of 5%. Anything wrong with my math?

[ThunderLips1]

Because there is always the risk the deal falls apart. That's your 5 percent 

[Bayfox]

https://stockhouse.com/news/press-releases/2020/05/04/argonaut-gold-and-alio-gold-merger-receives-positive-recommendation-from-proxy

[cyanide5]

i have swapped my shares today as well. sold AR at 1.63 and bought ALIO at 1.04. Got about 3.7% extra shares basically for free with this arbitrage opportunity available right now.  Why not take advantage... i have not seen in recent history where an acquisition announced does not get completed. What i have seen is another party coming in and paying more... which i will take as well ... I

[bobofet]

Should we even be discussing Alio anymore as  a player....   It is not moving because it really doesnt exist.... Its called Argonaut Gold.             signed   miffed about  what are they talking about.

[Bayfox]

Hi Bobofet, what is being talked about is, if you buy 10,000 shares of ALO at 1.15 ($11,500) it should be converted into 6700 shares of AR at 1.79 ($11,993) so instead of going long on AT, buy ALO as it is the same thing, except you get an additional percentage. When I did this last week, i got a 5% boost in my AR shares when the merger takes place. I like making money, any way I can.