fcoo - did you do your homework on the options? , page-7

re: fcoo - correction exercise price 30 cents! Big Red, agree with you on the estimates. Based on the annual report the earnings for the Clifton Coney Group have been growing at around 16% a year consistently. Add to this the MPL business that has settled down and has a better outlook and hopefully they stop burning cash with brokers messing around with the share structure then I get around 35 cents at least around August next year for FCO. If synergies with the east coast presence are then factored in and what projects they might win in the meantime are considered then this might be conservative.

If 35 cents is worse case then I would expect the FCOO to be trading at at least 10 to 12 cents given the exercise date being November 2008.

Looks like a no brainer to me. Downside is minimal and upside could be substantial - look at COS/COSO as an example of what can happen.

Better log off now or I might be tempted to post on stocks with no future and annoy some rampers!!