ords at .16; no one paying up beyond .048 for ops.
.14 to pay on June 30, 2014 ... 14 months until expiry these are offering great leverage, expecially with a pipeline of news to come.
i would have thought .04 premium should be offered, meaning ords at .16 the ops should be around .06. With only 20million on issue these will no doubt be quite illiquid until higher levels.
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ords at .16; no one paying up beyond .048 for ops. .14 to pay on...
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