Arbitrage Opportunity

Fairlyincredible arbitrage opportunity at the moment.

 

Currentshare price at 63c is trading at a 20% discount to the scrip offer of circa 74c.

 

Additionally,now that there is no opportunity for those buying 20,000 shares to collect the80c cash offer, those who have already purchased their 20,000 shares will notbe inclined to sell at any price lower than 80c creating an artificial absenceof sellers.

 

Iexpect larger holders to bid away this arbitrage over the coming days.