FND/OB
I am expecting FND to come out of the blocks firing today and tomorrow as news spreads of yesterdays outstanding deal valuing the company at $190m pre listing on the Bombay Stock exchange.
There has been some brilliant press coverage.
Redleaf valuation was at $3.67 BEFORE yesterdays annc.
SP will move to fairer valuations as Australian punters realise the exposure to be had to a massive marketplace INDIA here.
Anywhere near IPO valuation sees us at $3 ++
FNDOB / Strike 90c ..... do the maths......They should be north of 35c right now and are at 20c. When the heads bolt.....options will start tripping over themselves.
DYOR
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