At present the market is showing a discrepancy in the pricing of...

At present the market is showing a discrepancy in the pricing of AUO and especially AUOG (the 9.5% Convertible Notes).
On the merger terms the AUO price should be the CEY price divided by 3.7. Further the AUOG price should be approximatetly 3% higher than the ordinary AUO share as they have a conversion ratio of 1.029217.

Thus with CEY currently at $4.35, AUO should be at $1.175 and AUOG should be priced at $1.21.

Sharkie 13

I own CEY and AUOG.