Fording Canadian Coal Trust (FDG) volatility elevated at 78
Fording Canadian Coal Trust (NYSE: FDG) : FDG closed at $77.30. TCK announced the purchase of FDG on July 29. FDG shareholders will receive $93.76 per unit payable in combination of $82 cash and 0.245 of TCK Class B shares. FDG closed at $77.30. TCK closed at $32.98. FDG October option implied volatility of 78 is above its 26-week average of 41 according to Track Data, suggesting larger price movement. Paul Foster
Fording Canadian Coal Trust operates as an open-ended mutual fund trust in Canada.
Fording Canadian Coal Trust operates as an open-ended mutual fund trust in Canada.
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