would you pay 3c or 16c for the same stock??, page-2

  1. 873 Posts.
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    It doesnt make any sense does it.
    People buying anm for 16 cents. I really really wonder who would do such a thing.
    Its not as if the dividend on anmna is coming from the company - its from the GOVT and its guaranteed.

    I'd like to know from anyone reading this post is aware of the price difference and whether anyone has been dumb enough to buy anm.
    Like I said y'day i bought anmna at 10c y'day. Who would have sold them for that price. If you were going to write off your investment anyway wouldnt you just leave it get the 9.6 cents dividends and hope in a year or so that when it converts to anm, anm is still selling at 16 cents (or even more?)

    i really think people arent aware of the difference in the two.
    Its a big gamble buying anm 13c but a good investment buying anmna at 12 cents. esp if you beleive in efficient market theory.
 
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