IMO they're overpriced at 2.6 cents. More than half the price of the FPO for an option that could be worthless come August 31. Remember the contingent option for 2013 will only come into play if the primary is exercised, if not, it expires along with the other on Aug 31.
They're a good grab in the mid 1 range but anything above 2 is overpriced, especially with over 2 months before any meaningful results re: Gindarra come out.
Looks like a few panic buyers the last couple of days, and they could end up getting burned; I'd expect a retraction quite soon. I sold out mine at 2.4cents. I could be wrong and end up lamenting my decision but at current prices the FPOs are better value.
All IMO guys.
IMO they're overpriced at 2.6 cents. More than half the price of...
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Last
6.7¢ |
Change
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Mkt cap ! $16.90M | |||
| Open | High | Low | Value | Volume |
| 6.8¢ | 6.8¢ | 6.6¢ | $22.58K | 339.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 258455 | 6.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.8¢ | 292452 | 2 |
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