There is a 5% arbitrage available to anyone. Not just instos. You can profit from this yourself if you want to.
If someone bids for BPT, BPT can pull out of this merger deal. There are still three months to go to close this merger deal. With Santos in play as well, a lot things can happen.
DLS Price at posting:
81.0¢ Sentiment: Sell Disclosure: Held