I've never seen such a disparity before. It basically implies that the FPOs are extremely over-priced with in contrast, nearly $5m going through at a VWAP of 26.7. With the time to expiry, BGDO should be so much higher - obviously something is missing, the market has not awoken, or the market is not giving this the nod. I appreciate the profit taking but it seems illogical. I hold both.
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monkey buy at 27, page-43
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