I totally agree. I can not understand this either. If you look back to the 2nd and the 6th of July there was some big volumes of options traded. 762k on the 2nd and 1.6mil on the 6th. There was no announcements relating to these trades, so i suspect the smart people moved in on these days??? Maybe it was a crossing or something. Definately better value and I am hoping once the share price really moves on a positive announcement we may see the options move to theoretical value in relation to the FPO's.
PBI Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held