HSX Forum

Playing & Trading Strategy

Confused...[BRAVE.BW]

Posted by: Jason07 on Aug 07, 21:36 in response to alfpaulytd2012's post Uh, no

But ALFPAULYTD, there is only one market for the BW (it's not like there's a EU market and an Asian market and a US market, and on top of that, there is only one price for a BW). It IS ineffiecent because the market should always have the BW at least matching their current gross once they get over. For example, the BRAVE BW is 185, and currently going for 29, so that means BRAVE needs to be at least grossing 214 million to break even. However, BRAVE has grossed 229 million, which means that if you buy a BRAVE BW you are assured of making AT LEAST $15. That is a one market arbitrage. 

Now the question is, what am I missing?





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