With WFD closing at $8.84 (UL = 187.25, AUDEUR = 0.6497, AUDEUR...

With WFD closing at $8.84 (UL = 187.25, AUDEUR = 0.6497, AUDEUR = 0.75), URW CDI should be worth $14.41 without a discount. Be interesting where it opens tomorrow and over the next two weeks. They will be trading on a deferred settlement basis and we have been told to trade at your own risk. Not sure what the risks are so I will be holding until at least 12 June 2018. Might buy some if the price tanks due to low liquidity (anything below $13 which equates to $8.32 for WFD). I suspect it will trade between $13.69 (WFD = $8.72) and $14.00 (WFD = $8.84) based on today / last night's prices but who knows where it will go!