Looks like the opportunity to buy cheap oppies leading into the drills is over, I'd expect the gap between heads and oppies to tighten up from here based on the way the depth has tightened over the past 7 trading days. Assuming the drill results are good then the oppies will follow the heads and start closing the gap. The oppies weren't trading normally so a correction was going to happen sooner or later. I've made the decision not to convert mine and to hold so just watching the action with interest.
All speculation and imo of course so I might be completely wrong!
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