Quote Originally Posted by whatsup View Post
Considering that MLN has trades sub $1-00 for most of the last year the strike price ( $1.04 ) imho is a bit optimistic unless there are rabbits in a hat somewhere !!
Most likely exercise price will be $ 1.04 minus dividends for the year ie 7 cents if lucky 8 cents = 97Cents ...agree not very attractive at present ...but if NAV rises 10% during the year after paying out dividends then it can be OK ...nothing special !!