Hi Sam Dan, we should simply keep in mind that TRGD and TARM are an arbitrage play at this point, that is, the LOI that set a price of 2TRGD/TARM share will probably be modified (at least somewhat) in future before presentation to shareholders for approval. We cannot bank on any other TARM promises or future deals until the TRGD financials are pushed out the door and the final agreement between TRGD and TARM is drafted for approval. We can also not expect TARM price to stay at the current level til the final agreement is reached. It could go up or down (with TRGD following TARM as the arbitrage play).
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