I used to be doing a little analysis and located this chance which appeared too good to be true. Can anybody double test and counsel what am I lacking?
SPRIGHT-RE Per RE Value: Rs. 6.15Additional Value I’ve to Pay to Receive the SPRIGHT Share through Rights Difficulty: Rs. 13.4Current SPRIGHT Share Value: Rs. 50.42Total Revenue Per RE: Rs. 50.42 – (Rs. 6.15 + Rs. 13.4) = Rs. 30.87
Is that this calculation right or am I lacking one thing?
(Assuming: the SPRIGHT share value received’t transfer a lot by the point the RE shares are credited)
bumping up, any concepts anybody?
strontium:
Assuming: the SPRIGHT share value received’t transfer a lot by the point the RE shares are credited)
IIUC, that is the Incorrect assumption.The value will pattern downward attributable to extra promote orders at a reduction, till there isn’t a arbitrage left.