I have fully exercised my HHVO position as I believe HHV will indeed drop as the expiry date approaches. By exercising early the 4c FF divy is available. I expect HHV to trade at 1-3cents between the end of this month and expiry, as the head stock goes ex-divy. I think HHV will be weak before option expiry (not as bad as LRF was though), Then after option expiry I would expect HHV to perform, but not as well as LRF did (I am surprised how strong LRF has been)
I am also a bit annoyed at LRF for underwriting the oppies.. but Mr Donner can not be faulted for his stock picks as yet
LRF Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
