Hope Kiwi won't mind me re-posting his calculations,
7Kiwi - 6 Apr'11 - 14:06 - 6882 of 6894
Arbitrage Monitor:
Current GGG Share Price (GBP)................... 0.344 Current GGG Share Price (AUS$).................. 0.538 Value of offer (7 GGG shares for 5 AZX)......... 3.767 Implied value of one AZX share (AUS$)........... 0.753 Current AZX value (AUS$)........................ 0.660 Premium/(Discount) of offer to current value.... 14.1%
GBP:AUS$: 0.6388
AZX Price at posting:
65.6¢ Sentiment: Buy Disclosure: Held
