not sure about $10 but it looks like the market is pricing in...

not sure about $10 but it looks like the market is pricing in the right to buy 5/38 shares at $4.75 as a benefit. this is a very positive sign. it could so easily have gone the other way with a discount. could also be some short covering going on which could be short term. the announcement - cap raise, purchase of canning facility through mostly script, resetting of Fonterra supply agmt etc shows we have a management team and board that is equal to the task. well done. I feel a lot more comfortable with this long term hold after today.