I'm in back in Spolymr. I got only until 31 Jul to play this counter. 50% acceptance received by Supermx. Suddenly, Supermx price has broken a new high. So theoretically, Spolymr should worth about 16 cents more (based on Supermx current price of 2.66). Hopefully, this is not a one day event and Supermx can maintain the uptrend.
I'm hoping that some fund manager will play this arbitrage opportunity.
3 comments:
spolymr wont go above 1.10 the privatization price.
I made a mistake in the computation. Shouldn't have done it in my head.
The formula is:
(20 x Supermx price + 8.38) / 53
Supermx 2.62, Spoly 1.146
not much arbitrage.
hope you out of spolymr
Post a Comment