Why is WAM being bought at $2.47 atm?
Wouldn't it make more sense to buy WDE @ 0.935 and then acept the takeover offer?
i.e
Buy 10,000 WDE @ 0.935 = $9,350
Takeover is 2.5 WDE shares for 1 WAM share = 4000 WAM shares
4000 WAM shares = $9,880
Profit $530
Am I missing something?
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