Round 2, Period 4, Day 5 Report - July 30, 2015

Balance Post Divs: BTC 210.30597817

Total Units: 1555

NAV/U: BTC 0.13524500

Quote from: RoninMD on July 30, 2015, 07:05:18 AM

TwentySeven, what do you think about adding another contract to BDD where buyers bet on B.Mine being undervalued. How do you think it would play out?

So, really, if you think MINE is undervalued then you would just purchase those shares of MINE on the open market. Let's assume that difficulty stay exactly the same for the next 5 months, long enough to close out this round. The current NAV/U, 0.13524500, is the most that would be paid out to MINE.

So, you'd just purchase all units of MINE on the open market that are offered less than this amount and then you'd just hold them and reap the spread (NAV/U less purchase price = your profit).

Right now the lowest ASK on the market is .138, leaving you with no asks to purchase; you could put in an open order on the market and hope to be sold into.