VUK 0.71% $4.22 virgin money uk plc

GBP 2.18 translate into AUD 4.21. Why is the SP at AUD3.95 today...

  1. 650 Posts.
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    GBP 2.18 translate into AUD 4.21. Why is the SP at AUD3.95 today now that the directors of both parties have agreed to the terms.

    Am I to guess that Mr Market sees some trouble of the transaction going through? Puzzling ...

    I appears, one should buy now at AUD 3.95 per share, only to get back AUD 4.21 later in the year. I am conservative here, as I am not considering the dividend.
 
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