ARL 3.19% 45.5¢ ardea resources limited

GODOLPHIN (Pertinent news & discussion prior to the IPO), page-49

  1. 3,324 Posts.
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    Hi Thor
    I can for obvious reasons not advise you and I wont.
    I can however tell you what I would do with my money, and I have followed this through with action.

    - I am assuming I want exposure to ARL / GRL and that decision is already made.
    - I would buy the ARL shares now while they are resting on resistance.

    I could
    1 I buy ARL shares NOW and am given GRL shares in a ratio of 1 /4 approximately. ( Job done and exposure to both)
    2 I buy ARL, make some capital (hopefully) and sell all or some of the extra ARL shares deploying that capital into the GRL at IPO. ( As a preferential holder of ARL)
    3 I buy equal $ proportions or something like that of both, ARL now, and GRL at IPO, also get some more free at IPO.
    4 I am already an ARL holder, so buy GRL with preferential access at IPO.
    5 Do nothing.

    Your actual question is which strategy will perform best
    RED



    Last edited by RED328: 23/09/19
 
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