re: neo / neoo - potsie Potsie , there is currently a huge premium in the options.... at current levels option buyers/holders believe NEO will be at least 7.6c come next Feb.
They rarely trade in volume these days due to the fact that 60% are held by the Top 20 , who , imo , are mainly industry players and other well informed investors.
Conversely , only 25% of the fpos' are held by the Top 20 at this stage. This means many 'traders' hold NEO , and therefore trading opportunities abound.
Irrespective of 'who holds what' , if the Jack Hamar leases dont 'prove up' the options may expire worthless.
On the other hand , my expectation is a s/p over 10c within a few months , so I hold alot of options as a core holding , and trade the fpo's.
DYOR.
SALTY
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