world of tanks power leveling but also attractive cash option. Thunder Branch said in a statement -

Festival of Thunder (600,985, unit) (600,985) of the shareholders, the company shares fell a penny, they are likely to provide wider scope for arbitrage. After the restructuring plans for a major boon published, Thunder branch shares fell instead of rising, through this wave of abnormal movements behind a clear arbitrageModel gradually emerge. Boon is currently not up falling Thunder released yesterday a significant asset restructuring plan, according to the plan, the company intends by means of a share exchange Merger acquisition of Western Hunan explosive company limited (hereinafter referred to as "Western industrial explosive"), after the restructuring is completed, explosive as a whole to enter the Thunder in the West Division of listed companies. Recommended reading 131st graphic: local afternoon rebound as an auspicious start who died normal technical adjustments need to be cautious shocks to a shares rebound pattern of renewal of China a-shares in HKEx offering worry-start a shares opened weaker Outlook was langma several points of thinking on nuggets of information the man higher up "plans break unit" [Twitter] mysterious relationship RMB appreciation and the a-share [units]End of old shareholders to disclose data displayed in this location, West of explosive unaudited net asset value of $ 186 million, valued at about $ 590 million, value added rate of 217.97%. Thunder of proposed private placement of payment transactions on prices, increased the price of $ 13.06 per share. According to the plan, Thunder is expected to issue 45.18 million new shares, Account for the current total equity ratio of 34.86%. It is learnt that the explosive 2010 net profit of $ 108 million in the West, the third-quarter net profit of 41.378 million yuan in 2011, Thunder net profit in the third quarter of 2011 only $ 34.555 million. This means that, after the completion of the acquisition, the thunder of listed companiesProfitability will achieve the double. Dilution ratio of less than 35%, return performance of the company doubled, however world of tanks power leveling, even such a paper restructuring plan, but did not receive effective recognition of the investors. Programmes introduced on that day, Thunder share price advance low branches of the secondary market, closed at 11.9 per cent instead of rising to $, or 1%, and before plan announcementTrading day of Thunder before the Chinese new year close is down 7.33%. ����Attractive cash option worth mentioning is that the doubling of this reorganization is more than just performance, but also attractive cash option. Thunder Branch said in a statement, in order to protect the interests of the dissenters, while companies in the development of restructuring programmes, but also to the reluctantGroup offers cash for minority shareholders the right to choose. ����Including: minority shareholder dissatisfaction with restructuring, the dissenters may be provided by a third party designated by the thunder of cash consideration, namely dissenters part or all of the hand-holding can be sold at a price of $ 13.06 per share to the cash option of third parties. $ 13.06/unit cash electionOptional right to it than the Thunder yesterday's closing price of $ 11.9 there was a clear premium margin, this will also provide thunder of minority shareholders with a good "psychological upset". However, not all shareholders of Thunder were able to enjoy the cash option. Yesterday urged the thunder of securities services, staff explained to reporters, to takeThe cash option, you need to meet the following criteria: first restructuring programme must ultimately pass; must be followed before a public announcement (before the Spring Festival) of Thunder shares already held and holds all the way to the cash option exercise date is not the shareholders sold finally must be effectively voted at the general meeting of shareholders and its shareholders to complete the necessary legal procedures. The above three conditionsBoth are indispensable. ����In arbitrage conspiracy? Why in the face of such a paper is a seductive reorganization plans, Thunder stock prices did not rise of the secondary market falling? ����Market analysts, hidden behind arbitrage conspiracy or the culprit. Due to the thunder of the cash option exercise price of $ 13.06 per share, higher than the unit yesterday $ 11.9Closing price, this also means that if you have the cash option of shareholders yesterday in the secondary market at a price $ 11.9 continued buying of Thunder, once the restructuring is successful, you can be guaranteed upset price sold for $ 13.06, easy access to nearly 10% arbitrage space. Specific actions can be carried out: for example with cash investors of the right to choose a hand holding 10,000 sharesShares of Thunder, he yesterday purchased 10,000 shares at $ 11.9 prices of shares of Thunder. In this way, investors in a 20 wot power leveling,000 shares in the hands of, there are 10,000 shares with a cash option. After successful reorganization, if investors cast a valid vote when a shareholders meeting, so he can be at $ 13.06/unit priceCash option for third parties to sell 10,000 shares, investors will also profit of $ 11,600. According to the analysis of market participants world of tanks power leveling, does not rule out the possibility that large investors would like to carry through this mode of carry, they can suppress the Thunder branch shares ways to get higher profit for the current share price space. That big investors can sell part of the ThunderOf shares, stock prices down again after low positions for future win cash option to bring higher profits. "So it's not hard to explain why the unit facing good reasons for not falling rise. "Nevertheless, the analyst cautioned that such arbitrage is not risk-free, if all shareholders while taking the instruments with a cash option arbitrage, a large number of negative votesIs likely to order the restructuring fell through, so that the carry the abacus in vain. Commercial news reporter kuangyuqing