Wow so the proposition has just shifted.
MGF NAV is $1.985 - hence using MGFO you can buy MGF for $1.836.
MGF closed at $1.90 with substantial demand! That means today MGFO provides a 6.4 cents discount to MGF’s traded price for a cost of 2.5 cents for MGFO.
hopefully there are still some sellers in the 2 cent range tomorrow!
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