MGU 9.09% 1.2¢ magnum mining and exploration limited

Ann: Becoming a substantial holder, page-12

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  1. 4,082 Posts.
    lightbulb Created with Sketch. 970

    Yes, odd that an arbitrage has opened in the Opts.

    By rights, with the Ords at 14c ánd 5c to pay, you'd expect 9c for the Opts, as you rightly say.

    In fact, a little more ...for "time value". Say 10c+, because they're quite long-dated (out to the end of September 2022). And of course, are a relatively cheap and leveraged entry.


    Still, a very good day all round.

 
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