BDC 0.00% 52.0¢ bardoc gold limited

Does anyone know why AQQ is so undervalued compared to SPI? Is...

  1. 19,063 Posts.
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    Does anyone know why AQQ is so undervalued compared to SPI? Is this a reflection that the market thinks the merger has reasonable chance of falling over? The spread just looks too large to me to make sense.
 
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Currently unlisted public company.

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