I have a feeling you (and the person who upvoted your post) need to read the offer again. At a point in time (October) a holder of VLT will be offered 1 share in DTC for every 2.9 shares they hold in VLT.
This offer means the current share price of VLT is (for all intents and purposes) meaningless (unless you are either buying or selling). The gap between what VLT is currently trading for, and what it's "worth" under the offer is simply that, a gap. You can call it arbitrage if you want, but the offer has a floating value for VLT holders, so if DTC price goes up, the offer goes up (and vice versa). The only way the offer will be changed is if another party comes in with a better offer - DTC has the right to match the new offer (from my reading), and would do this through a different deal (unclear what that would be). Don't see any movement in the offer, or any other parties coming along given the recent share price increase of DTC.
With all that said, we still have many months, so a lot could happen!
Good Luck holders.
VLT Price at posting:
55.0¢ Sentiment: None Disclosure: Held
