re: Ann: In-specie distribution - update to t... there is an arbitrage opportunity that investors are not picking up.
The company is raising $3M at 27c post a 4 for 1 consolidation. That means, equivalent of 6.75c per share per BOM share. Investors also get an in-specie distrubtion of the uranium assets which the independent expert has valued at 3c-3.5c per share. These will either be sold or listed!!
The new company is undervalued compared to peers in the space as it is!!
This is a gimmie at 7-9c.
- Forums
- ASX - By Stock
- BOM
- Ann: In-specie distribution - update to timetable
Ann: In-specie distribution - update to timetable, page-3
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)