LGD 0.00% 30.0¢ legend corporation limited

Ann: Cash offer for Legend Shares, page-31

  1. 5,420 Posts.
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    wonder why it’s trading at 37.5.

    2cps for a 5% return over a ~2month period works out to an annualised return of 30%. The arb traders must be worried about the deal falling over or not believe the franking credit component.
 
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Currently unlisted public company.

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