Parker Drilling (PKD) – Reverse Split – $850 Upside (Too Risky)
Current price: $21.45
Cash Out Price: $30.00
Upside: $850 (for odd-lots)
Expiration Date: TDB
Inactive ideas
Cantabio Pharmaceuticals (CTBO) – Reverse Split – $50 Upside
LeadFX (LFX.TO) – Going Private – 7% Upside
Current Price – C$0.94
Cash-out Price – C$1.00
Upside – 7%
Expiration Date – Oct 2018
AGT Food and Ingredients (AGT.TO) – Going Private – 15% Upside
Radisson Hospitality (RADH.ST) – Mandatory Offer – 10%+ Upside
Current Price – SEK35.5
Buyout Consideration – SEK40+ (expected)
Upside – 10%+ (expected)
Expiration Date – Q4 2018 / Q1 2019 (expected)
Kangaroo Resources (KRL.AX) – Going Private – 11% Upside
Current Price – A$0.135
Acquisition Price – A$0.15
Upside – 11%
Expiration Date – Nov 26th 2018
Canadian Solar (CSIQ) – Going Private – 26% Upside
Current Price – $14.69
Going Private Offer – $18.47
Upside – 26%
Expiration Date – TBD
Pendrell (PCOA) – Reverse Split and Odd Lot Cash Out – 3% or $5,000 Upside
Current Price – $669
Odd Lot Cash Out – $689
Upside – 3% or $5,000 for odd lots
Expiration Date – TBD
China New Borun (BORN) – Going Private – 30% upside
Current Price – $1.29
Acquisition Price – $1.67
Upside – 30%
Expiration Date – TBD
PENDRELL (PCO) – GOING PRIVATE – $31 upside for odd-lots
Current Price – $6.43
Potential Recovery – $6.73
Upside – $31 for odd-lots
Expiration Date – 30th of November 2017
TCP International (TCPIF) – Going Private – 23% upside
ZAIS Group (ZAIS) – Going Private – 23% upside
Current Price – $3.25
Acquisition Price – $4.00
Upside – 23%
Expiration Date – TBD
This is a microcap arbitrage opportunity that was suggested by one of the members (thank you Ivan). CEO is willing to take this failed SPAC private at 23% premium to current share price.
Ieg Holdings (IEGH) – Reverse Stock Split – 19% upside
Current Price –$0.48;
Expected pay-off – $0.57;
Upside – 19%;
Expiration Date – October 17, 2016
Surrey Bancorp (SRYB) – Going Private Transaction – $225 return for record holders
Current Price – $12;
Offer Price – $12.75 (for record holders of up to 299 shares);
Upside – $225 or 6% (for record holders holders of up 299 shares);
Expiration date – TBD (shareholder meeting date not yet set);
Champion Industries (CHMP) – Going Private Transaction – $20 upside
Current Price – $0.2;
Offer Price – $0.3 (for holders of up to 199 shares);
Upside – $20 (for holders of up 199 shares);
Expiration date – TBD (shareholder meeting to be held on 21st of March);