MIK 0.00% 1.5¢ mikoh corporation limited

Ann: US Growth Fund investment in Mikoh , page-32

  1. 637 Posts.
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    Gee Rose. I know a profit is a profit is a profit.

    And on the face of it a .4 spread is appealing.

    But what if you don't get your 15k worth?

    I mean, this stock is not (at the moment) behaving like a stock that's doing a raising, where the SP always heads down to near the offer price until the issue is done with.

    In fact, I was nervous when the SPP news came out that I'd overpaid at 2.1, and that the price would drift down to AT LEAST that again.

    So far that hasn't happened. If anything we seem to be gathering a head of steam.

    I guess a lot depends on how many you originally had. If you only had a few, there's a good chance I guess of getting that number replaced. If you had a swag and don't get your desired position allocated then you've been diluted by an amount (maybe) that evaporates your .4 spread.

    All speculation, just food for thought on a freezing Friday!


    Cheers.

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