This is a strange situation. On now hand you have PLUS price protection of 400p so supposedly easy money, on the other hand the ongoing prolonging delay indicates that the FCA approval is problematic. If we assume the AVA trade case is to be repeated, it means that the deal will not be done and in this case PLUS should have >120 M$ in its coffers for immediate dividend and all its performace parameters seems rather to show growth then decline. If PTEC fails to get FCA approval than something is wrong there and this will extrapolate to all its financial business line including related companies like Safecharge. Is it a classic pair trade Long PLUS short PTEC?
This user has not submitted any company ratings.
This user has not created any polls.