Current Price: $11.28
Target Price: $8
Potential gain on the short position: 30%
Expected Timeline: Q4 2024 / Q1 2025
Microstrategy (MSTR) – NAV Premium Arbitrage – 40% Upside
Current Price: $138
Target Price: $80
Upside: 40%
Expected Timeline: 1 year
OCI N.V. (OCI:AS) – Large Asset Sales & Capital Return – 25%+ Upside
Current Price: €26
Target Price: €32 (distribution of €14.5/share received in Oct’24)
Upside: 25%+
Expiration Date: H2 2024
Ascential (ASCL.L) – Large Asset Sale & Special Dividend – 30% Upside
Current Price: £2.7
Target Price: £3.6
Upside: 33%
Expiration Date: Q1 2024
Advanced Emissions Solutions (ADES) – Large Capital Return/Company Sale – Upside TBD
Current Price: $6.2
Target Price: TBD
Upside: TBD
Expiration Date: Mid-2022
Taiga Building Products (TBL.TO) – Expected Large Dividend – Upside TBD
Current Price: C$2.82
Target Price: TBD
Upside: TBD
Expiration Date: February 2022
Bristol-Myers Squibb (BMY-RT) – CVR – 159% Upside
Current Price: $3.48
Expected Payout: $9.00
Upside: 159%
Expiration Date: end of ’21