ARL 1.96% 50.0¢ ardea resources limited

What we have now is a stock sale "special", buy 4 and get 1...

  1. 331 Posts.
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    What we have now is a stock sale "special", buy 4 and get 1 godolphin for free. That creates an incentive to buy before 12/3, and a dis-incentive to sell. The moment we pass that date, the special is over. The run up is not surprising, I bought more shares anticipating it, and those shares have just about doubled in 4--5 months. The question is how much the SP retraces after the "special" ends.
 
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52.0¢ 52.0¢ 50.0¢ $34.27K 67.66K

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No. Vol. Price($)
2 78649 50.0¢
 

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Price($) Vol. No.
52.0¢ 38974 2
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