Login to see active ideas
Inactive ideas
Lithium X Energy (LIX.CVE) – Merger Arbitrage – 20% upside
Billabong (BBG.ASX) – Merger Arbitrage – 4% upside
Current Price – A$0.96
Merger Consideration - A$1.00
Upside – 4%
CanniMed Therapeutics (CMED) – Merger Arbitrage – 14% upside
Current Price – $20.98
Buyout Price – $24
Upside – 14%
Expiration Date – TBD (currently unsolicited offer only)
Ladbrokes Coral (LCL) – Free CVR – 25% upside
Current Price – £1.7
Merger Consideration - £1.68+CVR
Upside – CVR worth up to £0.428
Pure Industrial Real Estate (AAR-U.TO) – Merger Arbitrage – 1.2% upside
Current Price – C$8.04
Buyout Offer - C$8.10 + dividend C$0.026
Upside – 1.2%
Tox Free Solutions (TOX.ASX) – M&A + franking credits – 1%-9% upside
Current Price – $3.43
Expected Payout – $3.425 (consideration) + $0.05 (normal FY18 dividend) + $0.27 (potential value of franking credits to certain Australian investors)
Upside – 1%-9%
Expiration Date – Q2/Q3 2018
Stanley Furniture (STLY) – Delisting and Forced Selling – 30% upside
Current Price – $0.58
Unaffected share price – $0.7 – $0.8
Upside – 18%-30%
Evine Live (EVLV) – Merger Arbitrage – 94% upside
Current Price – $1.37
Buyout offer – $2.66
Upside – 94%
Expiration Date – TBD (currently unsolicited offer only)
Associated Capital (AC) – Split-off – 7%-8% expected upside
Legend Gold (LGN.CVE) – Merger Arbitrage – 10% upside
Exactech (EXAC) – M&A Bidding War – 10%+ upside
Current Price – $50.55
Buyout Price – $55+ (if higher bid appears)
Upside – TBD (expected at least 10%)
Expiration Date – Q1 2018
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
Old PSG Wind Down (PSGLQ) – Liquidation – 24%-43% upside
Current Price – $0.42
Offer Price – $0.52-$0.6
Upside – 24% – 43%
Expiration Date – 12th of December, 2017
Fortress Investment Group (FIG) – Merger Arbitrage – 4% upside
Current Price – $7.78
Offer Price – $8.08
Upside – 4%
Expiration Date – 31 Dec, 2017 (might be extended)