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SPID3 vs [IRNM2]

Posted by: KalElFan (a.k.a del_TOM_KalElFan) on May 09, 09:38

So it's a $133.6M opening for [IRNM2].  By my calculations that'll be a $360.72 adjust and a $1,698,500 hit for those of us a full 50K shares long, plus another $61,600 tomorrow if you have 10K of the call option.  Easy come easy go.  Beyond that for IRNM2 including on the Warrant...

SPID3 had a bigger early May opening ($151.6M).  Its delist multiple of that was 2.01, and final box office multiple in August was 2.23.  If IRNM2 has the same multiples it'll be looking at a $268.54M delist and a final total of $297.92M.  I suspect IRNM2 will do better than SPID3 on these multiples, but I'm skeptical that in can do a whole lot better.


Tag(s): IRNM2





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Disclosure Day (SKIES) 150000 138.36 (-2.47)          Idris Elba (IELBA) 25000 130.50 (0.00)          Paul Rudd (PRUDD) 25000 58.22 (0.00)          Nick Jonas (NJONA) 25000 67.65 (-0.50)          Jack Reynor (JREYN) 25000 18.47 (-0.09)          Nicholas Galitzine (NGALI) 25000 22.14 (-0.13)          Kristen Wiig (KWIIG) 25000 85.30 (-1.25)          Jared Leto (JLETO) 25000 65.71 (+0.75)          Toy Story 5 H$125 Put (TOYS5.PU) 25000 1.61 (+0.07)          Toy Story 5 H$125 Call (TOYS5.CA) 25000 3.14 (+0.37)          Remain (REMAN) 150000 67.31 (+0.34)          Remain (REMAN) 150000 67.31 (+0.34)          Helldivers (HELDV) 5000 105.97 (-0.73)          Black Panther 3 (BPNT3) 5000 228.89 (-1.32)          Black Panther 3 (BPNT3) 2000 228.89 (-1.32)          The Amazing Digital Circus: The (AMZDC) 30000 24.40 (+1.09)          The Amazing Digital Circus: The (AMZDC) 10000 24.40 (+1.09)          The Amazing Digital Circus: The (AMZDC) 10000 24.40 (+1.09)          Vegas: A Love Story (VALVS) 500 8.76 (-0.05)          Home (HOME1) 500 10.10 (-0.10)          Kockroach (KOCKR) 30000 17.05 (+0.52)          Disclosure Day (SKIES) 1000 138.36 (-2.47)          How To Rob A Bank (HTRAB) 150000 54.24 (+0.20)          Kockroach (KOCKR) 1000 17.05 (+0.52)          Eiza Gonzalez (EGONZ) 25000 18.82 (-0.20)          Evil Dead Wrath (EVLD7) 150000 47.87 (+0.56)          Evil Dead Wrath (EVLD7) 150000 47.87 (+0.56)          Escape From New York (ESCNY) 10000 15.48 (+1.94)          Evil Dead Burn (EVLD6) 150000 57.96 (+0.98)          Evil Dead Burn (EVLD6) 150000 57.96 (+0.98)          Eli Roth (EROTH) 10000 29.88 (+0.30)          The Blair Witch Project 4 (TBWP4) 150000 29.51 (-3.76)          Escape From New York (ESCNY) 150000 15.48 (+1.94)          Escape From New York (ESCNY) 150000 15.48 (+1.94)          Stop! That! Train! (STTRN) 150000 9.08 (-0.23)          Supergirl (SUPGR) 50000 150.83 (-1.77)          Toy Story 5 H$125 Call (TOYS5.CA) 25000 3.14 (+0.37)          Toy Story 5 - Opening Weekend (TOYS5.OW) 100000 130.30 (+3.46)          Dinner With Audrey (DWAUD) 90000 4.00 (0.00)          The Odyssey (ODYSE) 7182 282.04 (+8.24)          Masters of the Universe (HEMAN) 12448 84.14 (+0.37)          Michael $285M Blockbuster Warran (MJACK.BW) 9383 13.18 (+0.10)          Metal Gear Solid (MTLGR) 149999 14.57 (-0.17)          Emily Blunt (EBLUN) 25000 126.00 (-1.00)          Heat 2 (HEAT2) 149975 59.23 (+0.02)          Teenage Sex and Death at Camp Mi (TSDCM) 150000 2.30 (+0.06)          Teenage Sex and Death at Camp Mi (TSDCM) 6561 2.30 (+0.06)          Paris Paramount aka Untitled Nan (PRSPM) 149975 55.42 (-0.05)          Savage House (SVGHS) 150000 0.13 (+0.02)          Rich Flu (RCFLU) 150000 0.03 (-0.03)