Tatametaliks arbitradge
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Someshol Olekar
Apr 11, 2013, 1:26:39 AM4/11/13
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Those who have tatametaliks shares can offload share and buy tata steel from mkt. rational merger ratio of 4 shares of tatasteel at current cost(305.35*4= Rs 1222.4) for 29 shares of tata metaliks cost (1328.2). so diff is rs 106. one can clearly sell tatametalics 29 share)at current price and simultaneously buy 4 shares and pocket diff of Rs 106. which is likely post merger. This is for investor who have tatametallics share
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