Post by
veryfishy on Apr 20, 2021 3:57am
WATCH THE ARBs TOMORROW - CLOSED AT A 21% DISCOUNT
ROE closed at a market value of $122 million when the valuation is $155 million for the merger,, This 21% discount.says that the arbs do not expect the merger close.
Comment by
SprengoM on Apr 20, 2021 4:41am
Weak argument. You could've said the same on the moment they gave the message, as the stock price of ROE was 0,35CAD,only 0,01CAD difference to closing price of 0,34CAD.
Comment by
petesfreak15 on Apr 20, 2021 7:24am
Has nothing to do with value of stock price. This isnt a buyout....its a stock swap! 1 Roe to .046 RECO. Nothing in there about cash buyout.