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realfast95

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realfast95

Re: prof post# 1230

Monday, 01/11/2016 7:17:39 PM

Monday, January 11, 2016 7:17:39 PM

Post# of 1241
JASO has a buyout offer by the Chairman for 9.69. The committee response is due any day. Although they could force him to raise his bid, there is no assurance. With the committee acceptance the PPS typically moves to within 5% of the offer as arbitrage. So from here it's 11% but only .50 to reach the 95%. Better than a pass book saving interest rate.
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