A profit of 0.3c on a purchase price of 20.5c is a gain of...

A profit of 0.3c on a purchase price of 20.5c is a gain of 1.4634%.

Share bought today will settle on Sept 15 and paid out by Pfizer on Sept 23, so the funds will be employed for eight days for that 1.4634% return.

But, most importantly, that equates to an annualised return of 66.8% calculated thus, 1.4634% ÷ 8 × 365 = 66.8%.

There is no fund in the world that wouldn't go for a return like that. They do a deal, employ the funds, get the return and then move onto the next deal.