FGX 1.20% $1.27 future generation australia limited

It seems your view is based on the nta being around $1.20.That...

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    It seems your view is based on the nta being around $1.20.That was before the Australian Market began to crumble and before the dilution which will result from the options being exercised.My guess is that the latter will be 2 or 3 cents.At the end of trade on Monday the discount to nta is likely to be minimal imo.
    Just to be clear, FGX is one of the few half way decent LICs however it is no bargain at current prices.
 
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