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I already explained it in my previous message. Do I need to do it again?
Posted by: ndmaster on Feb 07, 11:27 in response to 183Phi's post Care to explain how? I looked at weekly earnings and...
GLAD2 has earned $172.4 million. The warrant strike is $150 million. The warrant will delist at $22.4 million and it is currently priced at $17.7. That is ARB. There is no way to not make money on it by buying it at $17 when it will delist at $22. That is the definition of ARB.
Is Gladiator II blockbuster BRA at delist? {nm} 183Phi Feb 05, 13:52
No, it's a little ARB ndmaster Feb 05, 14:23
Care to explain how? I looked at weekly earnings and GLAD2 isn't looking to hit blockbuster warrant {nm} 183Phi Feb 07, 11:12
I already explained it in my previous message. Do I need to do it again? ndmaster Feb 07, 11:27
My error in how I phrased my query...and I see how I got it wrong. Was thinking $172m = 17.2 over. Thanks {nm} 183Phi Feb 08, 12:53
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