The Benzo Killer - FIJ ($25M MC) ($75M ST Target), page-1455

I am expecting more volatility to come due to the US election next week which I see affecting stocks market wide, FIJ included. I do consider these prices largely oversold and great buying.

With the contracts in the pipeline and with Nicholas Simms intentionally asking to be paid in 1M oppies as opposed to cash (with the fine print of if they were refused at this years AGM, he would receive the amount in cash anyway) is a big reassurance.

Simms upon opting for these oppies over cash would have clearly known the quarters poor revenue. He also isnt a charity, he is a leading FMCG CEO who wouldn't offer to take 1M oppies to comfort shareholders as he is on a very low salary at FIJ to begin with.

Now why would he do that? I'm unsure what's in the pipeline for him to want to be paid in options that require the stock price be healthy in order to receive worth while payment for his management role, but I do hope it is USA or Woolworths as previously speculated.

Im holding in wait for further news, just have to stomach the next week before stimulus sparks the wider market again.