DEX 2.86% 36.0¢ duke exploration limited

great arbitrage opportunity, page-7

  1. 47 Posts.
    I rate this as a 50/50 chance. At the moment it is a speculative play hence the 19% spread. I like it. It is a cash deal with terms and finance already completed. Once the due dilligence is done I would rate it as a 90/10 chance. Nothing is 100% until the date of completion but I think DEX is worth every bit of the 80c that GUD is offering. If the offer faills over I get to keep my shares, no problem there.
 
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Currently unlisted public company.

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