Articles I have read, value TPG at around $4 if the ACCC's decision is upheld and around $10 if the merger goes ahead. The outcome from the courts is 50/50 or maybe slightly weighted to a favorable outcome, if you believe a lot of the articles linked on here. If you can purchase TPG shares at around $6, the downside is 33% and the potential upside is 66%. Isn't that good odds for a 50/50 bet ? Happy to have holes shot in my assumptions.
TPM Price at posting:
$6.29 Sentiment: Buy Disclosure: Held