Current holder of FAT options, wish I weren't though after receiving a letter today strongly suggesting that I excercise my options ($1.00 cost) to receive a 3c dividend. Why on earth would I do that?
The options have consistently been trading between 8&9c for the last 8 months and the shares have only just nudged above $1.00 in the last month.
What is even weirder is that the options are sitting at a 12 month low and the shares at a 12 month high. For me what little credibility they had is now gone completely.
Does anyone else agree or disagree or am I missing something?
FAT Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
