In my experience people that bank on a take over are usually disappointed. There are more ways of killing a cat than choking it with butter. There are more ways of trading TAS than relative value trading. Plan B today was to just trade pips if I couldn't get a two stock trade. So far a few more freebies just buying and selling TAS with still a hope of a two stock trade coming off this week.
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Ann: Clarification of Market Value, page-27
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