Lol doc.. Not at all .. I just couldnt resist after reading Wombats holiday dissertation.. Do whats best for you.. Ive bought nvao a number of times in the past with good outcomes.. I recently got back into them again at sub 1c..
Whether i sell or convert will depend on the prospects of the co near expiry and my tax position at that time.
I believe wombat has done some illustrative spreadsheets re heads vs option.. Have a look there..
NVAO options, $0.0325 strike to 31/8/20, page-63
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