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Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden) -- Ignore unavailable to you. Want to Upgrade?


To: Timelord who wrote (448)1/16/1998 10:07:00 AM
From: Tomas  Read Replies (1) | Respond to of 2742
 
Buy IRP at 5,50 or IRPPF at 3 7/8 and get a 23% premium! Sands is trading at CAD 7.60 = US$ 5 3/8 (42,60 in Stockholm / exchange rate CAD 5,60 and US$ 8). IRP closed at 5.50 in Toronto and 3 7/8 on Nasdaq yesterday, the difference is 38% and Sands offer is 1,15 IRP to 1 Sands. Almost irresistable, even if Sands stock price drops 20% over the next month IRP/IRPPF is still a good buy!

News on Sands' home page: sandsp.se