Ann: Takeover Bid Closes, Compulsory Acquisition , page-17

re: Ann: Takeover Bid Closes, Compulsory Acqu... Although options can be very attractive it's still important to remember the intrinsic value risk they carry with them when the markets are volatile.

Personally, I love the high risk/reward they offer but whenever things occasionally go pear shaped and there's no liquidity with an expiry date fast approaching, they're not much joy to be holding.

Having said that though I believe bodoa's are great value. Already in the money and still trading at a 1c discount to the heads... surprising...

Here's a little present for you MG... an oldie but still a goodie. Stuart Roberts from Sth Cross imo is probably the only biotech analyst worth reading... pity he hasn't exercised his homework on obj yet though... ;)

He put an 18c target price on BOD in February

Click here Sth Cross Analysis Report Feb 2011