Phil you are right. Oppies very cheap and you'll find they'll start to move if CDY stays where it is/rises further. Look at another of the MRogers stocks, CGP. Options there are a 6c exercise price yet they are currently 3.6c with a heads price 7c. Roughly I think CDYO should be 2.1c based on CDY 4.1c. Obviously you are leveraged to CDY so only buy if you think CDY is staying around 4c and going up. I own a few million heads/options and let me tell you I have no intention of selling even a small parcel under 5.5c. Out of all the stocks listed below, apart from CAJ, CDY is the only one earning something!
Currently hold in order of weighting
CGP, OSL, CGPOA, CDY, CDYO, CAJ,PRR
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