ORS 0.00% 1.3¢ octagonal resources limited

Arbitrage opportunity?

  1. 134 Posts.
    Current ORS price $0.012
    Refund of $0.055 per share on implementation of scheme.
    Effective Outlay = 0.012-0.0055 = $0.0065 per share
    5 x Effective ORS = $0.0325 for which we receive 2 x AYC, equivalent to $0.01625 per share.
    Current AYC price $0.021.

    Wouldn't it be worthwhile to sell AYC and buy ORS for an effective 29% return?
 
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Currently unlisted public company.

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