If it opens at 45 in theory LOMOB should be worth 15 +leverage say 19
but who is gonna pay 19 for LOMOB
whats more, some are gonna try a quick convert/sell that will put downward pressure on both LOM and LOMOB so mgmt are gonna try and prop it up with everything from elephant dung to tennis balls to try and protect SP until end of April.
Then it probably goes over the cliff again...
complicated isn't it?
Timing of Announcement, page-199
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