Much as I'd like to crosspromote, I 'll stick to chatting FXR. It seems to me that at least some of the bigger holders are unhappy, that was a fair volume for FXR yesterday, thankfully those taking the offer up are happy to alleviate them of their units; at a discount of course.
Still no incentive for me (small holder) to take up the offer, perhaps the big boys are happy for a limited success of the placement knowing it's most likely they will be offered the rest within the next 3 months on the back of some positive development. Seems to me it's been set up for the big boys, I'll wear that on the chin, but it has changed my mind about holding for multiple years as a leopard doesnt change it's spots, If small timers get the short straw once, they'll get it again. But I think you could be right about it being a good short term entry point.
FXR Price at posting:
11.5¢ Sentiment: None Disclosure: Held