Sunday, 23 January 2011

23rd Jan 2011 end of week summary

CGG was suspended on 13/01/11 then delisted on 18/01/11 due to a successful takeover offer by EQN


I have elected to take Option 1, which is 1 EQN share + $0.105 cash for every CGG share which gives  644 EQN + $ 968.31 & 322 + $484.15 to P Runner and P Hybrid respectively.

EQN is in a similar trend to CGG so will be managed in the same way.

Open Positions
P Taker

P Hybrid

P Runner

No buys or sells for next week as although my market switch is on, I already have around 6% portfolio heat on P Hybrid & even more on P Runner.

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