FCCG: Looks like there's more FAT on the bone of each FCCG share than we originally thought, it looks like it's actually 1:1 now based on that PR, but it's going to need to be taken in smaller bites than what was happening last week.
It seems the poisoned pill dulled the appetite of the sharks that were feeding last week, but that fact it was only extended to October 2019 might also suggest the company plans a business combination transaction in the relative near term, like less than two years.
Still holding, the risk/reward looks better than originally calculated, but the affirmation that the poison pill is still out there might dampen the excitement while we wait for FCCG to realize the value of its 8 million FAT shares.
"Our houses are such unwieldy property that we are often imprisoned rather than housed in them." - Henry David Thoreau, Walden: Economy, 1854
