Current Price – $8.10
Tender Price – $8.05 – $9.00
Upside from Tender – 11% or $90 (if tender is priced at the upper limit)
Upside from Shorting – 30% (if share price reverts to unaffected levels)
Expiration Date – 16th of April 2018
Current Price – $102
Tender Price – $99 – $114
Upside – 12% or $1200 (if tender is priced at the upper limit)
Expiration Date – 29th of May 2018
Current Price – $156
Tender Price – $150 – $170
Upside – 9% or $1400 (if tender is priced at the upper limit)
Expiration Date – 23rd of May 2018
Current Price – $53
Tender Price – $50 – $56
Upside – 6% or $300 (if tender is priced at the upper limit)
Expiration Date – 23rd of May 2018
Current Price – C$23.4
Offer Price – C$24
Upside – 2.5% or C$60 for odd lot holders
Expiration Date – May 3, 2018
Current Price – $11.61
Offer Price – $12.36
Upside – 6.5% or $80 for odd lot holders
Expiration Date – 13th of April, 2018
Current Price – A$0.25
Tender Price – A$0.30
Upside – A$85 for odd-lots up to 1666 shares
Expiration Date – 2nd of March, 2018
Current Price – $3.8
Tender Price – $3.75 – $4.25
Upside – 12% or $45 (if tender is priced at the upper limit)
Expiration Date – 9th of March 2018
Current Price – $13.41
Offer Price – $13.69
Upside – 2% or $25 for odd lot holders
Expiration Date – 21st of November, 2017
Current Price – $248
Tender Price – $230 – $265
Upside – 7% ($1700 for odd-lots if priced at the upper limit)
Expiration Date – 7th of Feb 2018
Current Price – $59.5
Offer Price – $58 – $64
Upside – 7.5% or $450 for odd lot holders if priced at the upper limit
Expiration Date – 24th of October, 2017
Current Price – $10.51
Expected Payout – TBD
Upside – TBD (likely around 5%+)
Expiration Date – TBD
The BoD of MVC Capital approved tender offer to repurchase $25m of stock (approximately 11% of outstanding). Tender is expected to commence in November and the repurchase price has not been set yet. On top of that on the 31st of October shareholders will vote whether to adopt activist proposal to increase the return of cash to shareholders. If approved this will likely give a further boost to the
Current Price – $17.02
Offer Price – $17.25
Upside – 1.5% or $25 for odd lot holders
Expiration Date – 25th of October, 2017
GHL has launched tender for 40% of the outstanding stock. This is an opportunity to participate in the tender that is very likely to be under-subscribed and price might shot up if that turns out to be the case. More risk averse investors can pocket $25 risk free.