ARPETROL LTD V.RPT

Arb

[Bookends]

I'm looking at this one from an arbitrage point of view and arent so interested.

At 55 cents, there is about 7 to 12 % upside, but the wait is quite long. If I understand correctly, we would only get the full money in very late 2016?

[kiskadog]

I would think most investors would take the 7 % to 12 % return for only a 3-6 month time frame ..Wait a second I would say ALL investors would.

[Bookends]

A month and a half later and 3 cent lower... it's getting somewhat more attractive... Maybe, I was just greedy because previous spreads on other deals where more attractive earlier this year...  Anyways, no way the full payout will be in 3 months on this one... but that's alright.

[kiskadog]

Insider buying - They seem to like the 7% - 12 % return from this price point . Maybe we will receive closer to $.64 ? As of 11:59pm ET August 3rd, 2016 Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction Volume or Value Price Jul 27/16 Jul 27/16 Ghersinich, Claudio Direct Ownership Common Shares 10 - Acquisition in the public market 25,000 $0.530 Jul 27/16

[Bookends]

Lol, if it's 59 to 62 cents, Claudio would get a nice 11.54% to 16.98%... All his shares bought at 53 cents...   Anyhow it's always reassuring to see insiders are buying when implicated in these special type situations.