GJCL, I doubt ML made a loss. Remember, 12 months ago when they started underwriting the oppies the directors and associates exercised via margin loans, ADY was 13c or less. The oppies were coined at 10c. ML has made somewhere between 30% and 70% on ADY whichever way you cut it.
As I said before, ML will cut and run, and its buy in price is 15c. Anything else is profit, and as far as ML and ANZ are concerned, any minor percentage of profit is good.
meryl lynch, page-8
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.66M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 487365 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 200000 | 2 |
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