The proposed merger between MRU and MAV suggests that a cheap entry into MRU is through MAV.
You do the sums MRU Close 1.45
MAV Close .50
Values MAV 1.45/3 For share + 1.25/5 for Option
Therefore MAV should be worth 73c if/when the merger goes ahead
That a 30% discount
cheap entry into mru
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