Alon USA Partners, LP (ALDW): Since the deal is all stock and at close...

Reply Private New

Next 10 Prev Next

Send PM Follow Ignore

Followers	42
Posts	3344
Boards Moderated	0
Alias Born	03/24/2010

pete807

Re: XUSMCMP post# 1640

Thursday, 11/09/2017 9:50:01 AM

Thursday, November 09, 2017 9:50:01 AM

Since the deal is all stock and at close yesterday worth 13.85 plus we get the .43, we could expect the price to move toward the combination of both those figures. $14.28

After we receive/earn the .43 the company is still worth .49 of DK units and if it remains 13.85 that is what we get. If we sell before ex date it has to be worth .49 x DK price plus the .43 to equal what it will be worth the day after ex.

DK is at the moment trading at 28.37 ... x .49 = 13.90. If that holds we are up to 14.33 for our units (including the distribution). The market will steal it cheaper if it smells panic.

GLTA!

"You’ve got to be very careful if you don’t know where you are going because you might not get there."
"The future ain’t what it used to be" "A nickel ain’t worth a dime anymore."
-so long Yogi, we will miss you-