Th 2 cents is basically due to the fact that there's around 3 year to expiry (and that a lot can happen and change in that time - it's called time value, the closer an oppie gets to expiry the lower it goes... eventually zero... clearly 3 yrs is a lot of t.v....)... Also holders are unwilling to part with the oppies knowing this...
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why are mmnob 2c with mmn at 4c, page-3
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