maybe new issue? Don't be surprised if AND "reward" long suffering option holders by issuing new options on (say) a one for two basis for (say) one cent with (say) a ten cent exercise.
At the current price of the fpo's the new options might trade at 2-3c so anything under a cent for ANDO might be fair value.
I've no inside knowledge of this but its been done so many times before. Action in ANDO would be an indication of this.
Maybe that leftie is a goner.
cosmos
maybe new issue? Don't be surprised if AND "reward" long...
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