10-15-2012, 02:45 PM
|
|
Driving around somewhere
Location: KC
|
|
Join Date: May 2003
Posts: 221
Mein Auto: nothing at the moment
|
|
Quote:
Originally Posted by beewang
Read the fine print dude..
$7.20 a share for 70% interest.
say the 70% interest translate to ===> 70% shares outstandinng (if that much)
$7.20 X 0.70 = $5.40
If you still don't understand this then you need to listen to me and stay AWAY from Risk Arb. 
Cheers!!
beewang  |
Ahh, makes perfect sense, that's the piece I overlooked. Thanks!
|