MYG 0.73% 69.0¢ mayfield group holdings limited

ob's not moving, page-28

  1. 817 Posts.
    Hi SaberX

    Definitions mate:

    Heads - Underlying asset i.e. MYG shares (fully paid ordinaries - FPO's)

    OA's - Options on the underlying asset MYG i.e. MYGOA, expiry June 2013, strike price 5c.

    OB's - More options on the underlying asset MYG i.e. MYGOB, expiry Nov 2013, strike price 14c.

    In my experience yes normally there is a fizzle after the distribution but I think this time its different for MYG. DYOR cause it is a compelling story and there are a hell of bunch of knowledgeable fellahs on here. What were are seeing is a rerating based on solid fundamentals – for now.

    Most are in for the medium to long term - i.e. another 1-5 years. MYG has really big upside for what is a relatively cheap stock in a depressed sector on a bearish bourse.

    Consolidation today please MYG....

    Cheers


 
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