ETW etw corporation limited
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ferngrove merger, page-3

  1. shumsta
    1,004 Posts.
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    05/07/07
    02:47
    Post #: 2594093
    Oops it's 4.5ETW per 1ETWG. Which makes the arbitrage opportunity even more obivious.

    On my calculations, if ETW=0.16ps, then (assuming that the 4c divvie is included) ETWG's realisable value= 0.76ps.

    Compare this to the market price of 0.41ps and buyers in today's market stand to gain a cool 85% in risk arbitrage.
    ETW Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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