As pointed out by stardestr0yer in another forum, is Vitaco a likely risk-free return if purchasing at $2.07 today and holding until implementation of the Scheme?
SCHEME IS ACCEPTED
1. Purchase 7/09/2016 at $2.07
2. Vote on Scheme in November 2016
3. Scheme is accepted (most likely scenario)
4. Shareholders receive $2.25 per share upon implementation of Scheme in December 2016 (8.7% return)
SCHEME IS REJECTED
1. It is clear that Vitaco is worth at least $2.25 a share
2. Share price may retreat, but should return above $2.07 in the near term
Is it likely that the share price will move towards $2.25 as we approach November?
Any input is appreciated! The above is a hypothetical scenario and is proposed for discussion purposes only.
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As pointed out by stardestr0yer in another forum, is Vitaco a...
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8.6¢ |
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Mkt cap ! $49.52M |
Open | High | Low | Value | Volume |
8.7¢ | 8.8¢ | 8.4¢ | $11.92K | 139.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1993 | 8.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.7¢ | 70000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1993 | 0.084 |
1 | 85000 | 0.083 |
1 | 60975 | 0.082 |
1 | 36000 | 0.081 |
1 | 250000 | 0.080 |
Price($) | Vol. | No. |
---|---|---|
0.087 | 70000 | 1 |
0.088 | 31736 | 1 |
0.089 | 43157 | 2 |
0.090 | 149241 | 2 |
0.094 | 21300 | 2 |
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