Hi Blackoil,
I reckon the oppies were a great play before BTC broke through 50c because you knew that the diectors would want the cash and you knew that the oppies would jump sharply (at least for a while).
Much more dangerous game now. People who played the oppies for the profit are unloading cause they don't to convert them and have to come up with the cash.
Thats why the oppies are mostly trading at a discount I think.
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