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Watch30

11/10/17 12:14 PM

#1665 RE: jugs #1664

Exactly!! Thank you so much ! I have 6k aldw. I don’t want 3k of DK at possibly 22 !! But if we r locked in at 13.85 and I can buy more today at 13.35 that’s a guaranteed.50 in 3 months regardless of what the market or oil does. Hurry up with the baking :)

pete807

11/10/17 12:29 PM

#1666 RE: jugs #1664

Under the terms of the merger agreement, the owners of the outstanding common units in Alon Partners that Delek US and its affiliates do not currently own will receive a fixed exchange ratio of 0.49 shares of Delek US common stock for each common unit of Alon Partners.



When the deal closes we get only stock... no cash. Amount is fixed at .49 DK for each unit ALDW. The lower DK goes if we wait till we actually own it,... then actually will erode the deal, The market is pricing ALDW with that in mind... Forget any additional distributions. I don't think past a week or two that .43 will matter so I will hold hoping to see Dk come back a bit, too.

That said in several weeks DK could be worth more with any other news, etc. But the gains will not be taxed till 2018 if we are hold till Jan plus get a little lucky on the pricing of DK.
-pete