Loading ...Looked at the online presentation of the DVS/Contango merger.
Dolly Varden’s website says the deal should be completed by late February/early March.
For every DVS share that you own, you will receive .1652 of a Contango share (CTGO).
$100 million in cash on hand and only $15 million of debt.
So, based on pure arb. math ( CTGO stock price x .1652= $4.88), looks like DVS is looking for a sweetener???