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Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?


To: richardred who wrote (5031)9/4/2018 1:03:13 PM
From: Robert O  Read Replies (1) | Respond to of 7239
 
RIG drops 6.5% on news so by my calc current premium spread only 2.75%. Will watch, weigh, and hope for more since as a 1st qtr next year expected close I'd like a little more juice if you plz.

rig buying orig

rig orig factor implied value implied gain
11.33 $ 30.20 1.6128 $ 31.02 $ 0.82 2.73%