re: done your homework yet captain? Thought I'd offer my two bits worth on this one.
Consider SOE and SOEO. Recently listed SOE at 25c, now 27.5c. SOEO was a free attaching option probably valued around 2.5c.
Opening price for SOEO was around 11c, for an option expiring at 30c in Dec 2009. This price has growth built in, and is now trading at 13.5c.
Although the stocks are in a different game, there are simialriaties in the pricing structure an option expiry and strike price.
Put my FCOO offer straight in the bin also. If FCO can get to 30c -just watch FCOO fly.
FCO
farsands solutions limited
re: done your homework yet captain? Thought I'd offer my two...
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