Thanks for the tip, Lawlllll. An update to my calculation above: From the current price of .3625, holding to completion would give you 2.07% in 28 days, an annualised return of 30%, which sounds pretty good.
However, I sold my position today. I am currently in China and the business climate is terrible. Binding contracts are getting cancelled left and right on force majeure grounds. Even though China has officially "returned to work", we've been advised we cannot enter our office until the beginning of March. While the risk of the Nzuri deal failing at this stage is very small, I reckon it's a case of better safe than sorry.
NZC Price at posting:
36.3¢ Sentiment: Hold Disclosure: Held
