LST lion selection limited
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Based on LST at 1.55 and IRN at 72c, the spread is 16.1% at the...

  1. SuperProfits
    1,502 Posts.
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    26/03/08
    11:04
    Post #: 3506491
    Based on LST at 1.55 and IRN at 72c, the spread is 16.1% at the lower offer (i.e. you can earn 16.1% in 3 months, or about 62% pa by going long LST and short IRN).

    Is there the potential LST is shopping its 26% stake in IRN, which will lead to a takeover? They potentially would like the cash for Cracow.

    LST Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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