SXP sapex limited

The premium is a fantastic sign for future performance. Time...

  1. 7,523 Posts.
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    The premium is a fantastic sign for future performance. Time value is one aspect but the leverage over ordinaries versus expectation more important here. Basically the oppie price is telling you the market expects great things but waiting for it to happen. i.e. willing to pay the premium to get set.
 
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