antg - running, page-3

  1. 10,373 Posts.
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    we all know there is no such thing as money for nthg. particularly in a market dominated by professional traders.

    a little thing called "arbitrage" comes into play.

    if it was such a sure thing as buying ARL via the notes @ around 33c vs. with the the physical ARL trading @ 44c, then any half serious punter would simply borrow the physical stock, sell it off and cover via the notes. stick in the bottom draw for a year and reap the profits.

    nah, me thinks a little bit more to it than that.

    maybe the dilution effect on the physical share price when the number of issued share's doubles upon conversion of the notes?
 
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