Quote:
quote:Originally posted by Mr Tommy
Can anyone explain why PPP are selling at 29c, and PPPOA at 10c, yet the conversion is only NZ 17c.
So sell your PPP, buy some PPP0A, pay the 17c in a few weeks, and you are 2c better off.
Am I missing something?
Your missing an understanding of the general lack of knoledge the public has of options and how they work. As a broker told me about 20 or more years ago,options and how they work are just not for everyone. This incredable lack of understanding gets even more acute when you move out of the resorce sector.