Understand your logic but does depend on circumstances. I bought A s and I also think Os and As will be in the money in May. My reasoning for A was simply a CGT issue - I can't convert all my oppies to heads so need to sell a few oppies to give me that money to pay for the heads (strike price). Given there is a long queue for both best chance of getting Os right now is stump up 0.3 cents and 0.4cents for As, but I got my As less than that. For me, I prefer to pay my CGT bill the following financial year, if that makes sense, as I feel they will both be in the money given I don't have CGT losses to offset the gains of selling As right now when the time comes. Now if I had some prior CGT losses, and needed to pick one right now, to offset I would probably have gone a combination of O's and A's. All IMO.
AGO Price at posting:
4.8¢ Sentiment: None Disclosure: Held
