As soon as the price reaches and stays above 25c, the options (at current prices) are really interesting.
If you exercise soon (for 20c) the extra 0.8c buys you another option for 2 more years - excersiable at 25c and a continued holding in CXZ.
I bought yesterday, but then sold again - was fearful that the recent head price rise was a ploy for someone to unload their options. Then again, if its a real re-rate, a very cheap way to get massive exposure to CXZ.
Still holding my heads for now.
Melbourne Connected Car Tech Hub, page-28
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