BNT bounty mining ltd
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overlooked

  1. Marchelo
    364 Posts.
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    29/08/05
    13:34
    Post #: 1102711
    This one seems to be flying under the radar a bit.

    Looks like there could be a good arbitrage opportunity on the options. Dec 06 expiry - currently little premium factored in. I think that may change if the FPO's close at or above the current price.

    A recent valuation had these @ $0.65. Its an aggressive valuation, but even at current levels BNT is cheap. Market is down across the board today which could be why punters are steering clear of the options.

    Marchello
    BNT Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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