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Molex Incorporated Message Board

  • shareclassarb shareclassarb May 27, 2010 11:07 AM Flag

    Molex Arbitrage Opportunity

    MOLX is trading at a 21% premium to MOLXA. Both shares represent equivalent equity in Molex with differnt voting rights. The 21% premium is significantly higher that the 5 year average spread of 12%. It is likely the the spread will drop 3-5% in the next 3 months. Depending on your leverage could represent a low risk 20-60% annualized return on investment. Also for those looking to invest long in Molex, might consider purchasing the non-voting shares as they have a much greater upside potential.

    Molex is traded on the NASDAQ Global Select Market (MOLX and MOLXA) in the United States and on the London Stock Exchange. The Company's voting common stock (MOLX) is included in the S&P 500 Index.

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