shell has launched a takeover bid for arrow, page-55

I really hope retailers aren't selling today.

Current deal values co at around $5.15 imo.


$4.45 + $0.70 value for int float = $5.15


UPSIDE PREMIUM NOT INCLUDED. DOWNSIDE PROTECTED BY FLOAT.


Float valued at $0.50-$0.80 by industry.


At worst, you buy here, deal goes through $4.45 cash you break-even if float lists at 40% discount to valuation.


At best, $6.00 cash offer and $0.70 float offer.


NO WAY IMO SHELL + PETRO DONT GET THEIR MAN NOW. NO WAY. JUST A MATTER OF PRICE.


AOE WONT SELL CHEAP BUT....THEY WILL SELL!!!!!!


I repeat...they WILL SELL. Just a matter of price from here.



Regards,
followme