AEC CPB

Ann: CPB ANNOUNCES REVISED OFFER RECOMMENDED BY A, page-11

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  1. Peppie
    2,418 Posts.
    lightbulb Created with Sketch. 105
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    22/09/10
    17:22
    Post #: 7230342
    re: Ann: CPB ANNOUNCES REVISED OFFER RECOMMEN... It's an arbitrage. Buy AEC at $3.97 and convert them to CPB shares.

    At $3.97 x 8.25 (4 for 33) = $32.75. Current price is $33.13.

    The higher CPB's price heads, so to AEC's. It has its risks though.

    Pep
    AEC Price at posting: $3.97 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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