Finally someone has done the numbers and modeled the percentage gains available on the 2 scenarios of either holding the heads for the next few years, or buying the OC's and then selling a small percentage when its time to convert to pay for the exercise.
You will find that once the SP hits over 20c, the OC's provide 50% greater return on your initial investment....hence the leverage becomes most evident and a no brainer IMO.
Whilst I promised myself I had finished my buying, couldn't help myself today and bought some more OC's....I think I have a problem. (Still not at break even though.)
Kiril.
I hold.
penoc what the???, page-12
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