MPH 0.00% 6.0¢ mediland pharm limited

2c dividend

  1. 7,409 Posts.
    MPH just announced yearly results, revenues and profits up markedly and 2c dividend announced. Reasonable on a 45c share.

    MPHOB, oppies currently trading at a 3c negative premium, so using the current MD you could conceivable buy 38K options at 11c, pay 32c exercise price for a total of 43c and sell em right now for 46c, or a 6.9% profit. Doesn't really make alot of sense.

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