Pan-Asia Catalysts/Events, Quiddity Advisors

Travis Lundy

HK Type 4 license through Ballingal Investment Advisors Ltd. ("BIA" or "BIAL")

BACKGROUND
I have 20+yrs experience in Asia doing alternative strategies (i.e. non-delta1 non long-only) in fixed income, equity derivatives, and activist/catalyst/event-driven and long-short equity strategies with most of that time spent managing money. 

4 years in fixed income macro, 8 years running internal hedge fund and 4yrs investment banking at Citi in Japan, 3 years running an Asia multi-strat portfolio at a hedge fund, 4+yrs as an independent special situations analyst.

Pan-Asia Catalysts/Events

Woodside / BHP Petroleum Merger - Thinking About Flows (Still a Flowback Sell)

Woodside/BHP And the Timing Of The Trade Flows Vs Peers

Woodside Shareholders Approve Deal but Not WPL's Green Credentials; Now People Talk About Flows

Quiddity Advisors

Event-Driven

<ul>
<li>BHP goes ex-WPL at the open of 25 May 2022. The ex-WPL price is A$5.24 lower than Tuesday's close and there is another A$2.20 of franking credits on top.</li>
<li>Historically, the BHP/RIO ratio has traded within a <em>relatively</em> defined range. It moves, then after a while it tends to revert. I present a trading model.</li>
<li>And grids. I present spinoff grids with live tracking of the BHP ex-WPL/RIO Ratio within its last 6- and 12-month (div-adjusted) ratios.</li>
</ul>


BHP goes ex-WPL at the open of 25 May 2022. The ex-WPL price is A$5.24 lower than Tuesday's close and there is another A$2.20 of franking credits on top.
Historically, the BHP/RIO ratio has traded within a relatively defined range. It moves, then after a while it tends to revert. I present a trading model.
And grids. I present spinoff grids with live tracking of the BHP ex-WPL/RIO Ratio within its last 6- and 12-month (div-adjusted) ratios.


Marking Post-WPL-Spin BHP to Market and Model

BHP Group Ltd

Marking Post-WPL-Spin BHP to Market and Model