Yes, I'm happy with this result (well will be once it hits the bank account), I thought this was a low risk arb deal, but have to admit I didn't think consider the foreign currency movement/risk, something to put into the matrix for the "next one of these".
Wonder what residual will be left as the icing on the cake.....from memory I my calcs/expectations wasn't over 5c, so thrilled if over that
I did get burnt once (Peplin) with forex moving the other way in another transaction - years and years ago, clearly had forgotten that one = slow learner.
OMN Price at posting:
97.0¢ Sentiment: None Disclosure: Held