Subject: Re: BAM/BN arbitrage
Both as a high IV10/price opportunity (the long-term value of BN relative to the present quote), and quite separately for other types of investors with a shorter speculative stance (because of a possible pending private purchase by BN), the parent BN appears as a really great investment opportunity right now at $36 per share. Enjoying owning them today.
Can you please post an updated IV calculation for BN and BAM, with comparison to other attractive candidates for your investments? You occasionally posted your comparisons on the TMF Manlobbi Descent board, and I am hoping you will do so on Shrewdom as well.
Thanks.