Don't get me wrong you're most likely correct. Apart from the leverage of getting more exposure for your dollar; I just don't understand the logic of why the MNBOA is 7.5c now (plus 15c in 15 months) when MNB full share is only 16c? Only a 8.5c difference. Surely as time progresses this price difference will trend closer to the 15c strike price. Paying this premium for MNBOA now may not be ideal if MNB undergoes a correction.
MNB Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held
