renault nissan trade
The discount is not big enough to justify a report and a set-up recommendation. However, on a trading basis, this is a stub trade that can be recommended.
HEDGE RATIO: LONG 1 RNO = SHORT 7 7201 JP
1. STUB VALUE has gone from 9bn to 3.2bn - this is WAY TO EXCESSIVE.
2. RENAULT VS. NISSAN