FND 3.98% $4.70 findi limited

I did the same, a few calcs and looked at the upside and the...

  1. 2,679 Posts.
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    I did the same, a few calcs and looked at the upside and the realisation that fair value should be around $3. Been the same with oppies trading, they do eventually catch up, well done to holders in the low cents, I waded in at 16, not a great deal but enough for a decent return.

    I liked the closing strength compared to the specs side of the market this afternoon, tomorrow should be good, the announcement is still under the radar and the lower risk type investors should be rather keen to get on board.

    At any rate holding these or some of them prior to 17 January should be a further money maker if they continue to lag and get exercised.

    GLTAH.
 
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