FFG 0.00% 1.0¢ fatfish group limited

JS, This is not my tip, credit goes to Strauss. He mentioned...

  1. 12,115 Posts.
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    JS,
    This is not my tip, credit goes to Strauss. He mentioned this to me and I bought it even looking into heads. This is the CHEAPEST option listed on the face value.
    I now consider the heads should trade between 35-45c from early May to end May. Options should trade between 13-25c based on heads price. Seller should be close to dump them all. The last few available at these prices.

    CXZO (no intention to cross promote) were cheap close to 3c mark while heads were at 25c. Now heads are down to 21c while options are trading at 4c. I thought they should be 8c if heads stays at 25c. The equation has got right today.

    I now think that FFGO should trade between 7-9c if heads trade between 28-30c. There are 129m options on issue and it has couple of 10m volume days this week. Surely, the profit takers of recent raise and cheap sellers should be done soon. It should follow CXZO steps and trade close to the fair value.

    Cheers
    Last edited by forrestfield: 22/04/15
 
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