Day trading pre-market open November 16, page-41

  1. 16,475 Posts.
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    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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