Great Elm Capital Corp (GECC) – Odd Lot Tender Offer – 8.5% upside
Current Price –$11.2
Offer Price – $11.5 – $12.17
Upside – 8.5%
Expiration Date – 3rd of May, 2017 (expected)
Tag Archives: dutch auction
Trez Capital Mortgage Investment (TZZ) – Odd Lot Tender Offer – Free Option
Current Price – C$7.99
Offer Price – C$8.0 – C$8.3
Upside – 4% (C$30 for odd lot holders)
Expiration Date – 14th of Feb 2017
This is a tiny opportunity in Canada. Currently the shares trade one cent below the lower limit and thus odd-lot holders are guaranteed that their shares will be purchased at least at the same price in one month. This is a free option on any potential share price appreciation in the meantime or tender being priced at the upper limit
Actua (ACTA) – Odd Lot Tender Offer – 7% potential upside
Current Price – $13.10
Offer Price – $12 – $14
Upside – 7% or $90 (if upper pricing limit is used)
Expiration date – TBD (likely around 7th of December)
Silgan Holdings (SLGN) – Odd lot Tender Offer – 3% upside
Current Price – $50.8
Offer Price – $45.5 – $52.25
Upside – 3% or $170 (if upper pricing limit is used)
Expiration date – 15 November 2016 (Q3 results on the 26th of October)
MSC Industrial Direct (MSM) – Odd Lot Tender Offer – no upside currently
Current Price – $72.53;
Offer Price – $66 – $72.5;
Upside – no upside currently;
Expiration date – 4 August 2016;
Monster Beverage (MNST) – Odd Lot Tender Offer – low possibility of $990 gain
Current Price – $150.17
Offer Price – $142 – $160
Upside – potentially 5.5% or $990 (if the upper pricing limit is used)
Expiration date – 8 June 2016
Asta Funding (ASFI) – Odd Lot Tender Offer – minimal upside currently
Current Price – $10.01
Offer Price – $9.5 – $10.25
Upside – potentially 2.5% or $24 (if the upper pricing limit is used)
Expiration date – 12 May 2016
Home Capital Group (HCG) – Odd Lot Tender Offer – potential upside of C$180
HCG is listed in Canada and all prices below are in Canadian dollars.
Current Price – $36,11
Offer Price – $34- $38
Upside – potentially 10% or $180 (if the upper pricing limit is used)
Expiration date – 15 April 2016
Planet Payment (PLPM) – Odd Lot Tender Offer – minimal upside currently
Current Price – $3,43
Offer Price – $3,2- $3,6
Upside – potentially 5% or $17 (if the upper pricing limit is used)
Expiration date – 11 April 2016
Information Services Group (III) – Odd Lot Tender Offer – minimal upside currently
Current Price – $3,7
Offer Price – $3,3- $4,0
Upside – potentially 10% or $30 (if the upper pricing limit is used)
Expiration date – 7 April 2016