Been following a stock called MPH for quite a while. In the last few days it has made some stellar rises. Does anyone else follow this stock?
Today it rose 5c to 44.5c, there are some fairly large orders sitting at around the top and the sell md is weak.
On top of this MPHOB finished the day at 10c. It's exercise price is 32c and expiry in Feb 2004. That means it is trading at a 2.5c discount to the fpo, which is alot on 10c. Does this look like an opportunity considering the strength?
I hold MPH and MPHOB!
MPH Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held