ANM advanced magnesium limited
Add to My Watchlist 0.00% ! 5.5¢

buy anmca receive the dividends of 3.2c every 6 months for the...

  1. copydog
    873 Posts.
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    03/12/02
    10:17
    Post #: 88859
    buy anmca receive the dividends of 3.2c every 6 months for the next two years; pay the extra 30 cents required to own the full note;
    Sell ANM short and bingo!

    ANMCA 14c (+30c due in Jan 2003)
    ANM 45c
    ANM no current dividend
    ANMCA 6.4 cent interest payment over two years.
    ANMCA converts to ANM

    Correct me if I'm wrong.
    ANM Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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