MFE magnetite mines limited
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mismatch

  1. buffett
    3,309 Posts.
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    05/11/09
    15:55
    Post #: 5877337
    ROYR (rights at 12 cents with a 1 for 3 piggy back option) seem very mismatched with the ROY shares selling strongly at 20 cents. Think today is the last day for ROYR & buyers may need to see brokers charge application money in their purchases to fully protect their position, otherwise it becomes the purchasers responsibility to make payment on the due date. Worth a few minutes research.
    Regards
    Buffett
    MFE Price at posting: 20.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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