Cable & Wireless shares offer a 15% event arbitrage opportunity

0 mins. to read

With Cable & Wireless shares now trading at a 4.5p discount to the 38p cash offer by Vodafone, the shares are beginning to look interesting, particularly if a long bet is taken with a guaranteed stop 10% away. The odds of the bid not going through look to be less than 20% and so a 3:5 odds on trade looks an interesting play to me.

Take part in our poll

Of the stocks covered by Master Investor in the weekly Small Cap Round Up, which ones do you hold?

The Master Investor Show 2020 tickets are now available. Join us at the Business Design Centre on Saturday 28 March 2020.

Book your FREE tickets today using code: MIBLOG

Comments (0)

Comments are closed.


Get real investment insights from some of the best minds in the business - with our free Master Investor Magazine.