As I mentioned previously, these things will trade at a big discount to intrinsic value on the last day of trade, as the buyer is taking on the risk of whole 10 days plus of potential downside before they would receive any converted stock.
In a market like this, 10 days is a long time.
FMS must not have had much in the way of naked shorts, as doesn't look like many had to cover.
Think the only way it can run is some good assays from Kev.
Big question is, when will they be released?
I think Kev mentioned to be released with wednesday's report, but I guess it could be earlier, wouldn't want to count on that i guess.
As I mentioned previously, these things will trade at a big...
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