Interesting oppie play MA10 will have to check it out, thanks tricky.
Similar opportunity on ALIO I have picked up a few of these, $2 exercise expires March 2017.
Also a managed fund, US and overseas predominantly and heads are trading at $1.92 with a fantastic chart behind it and will hopefully keep running up with the AUD dollar falling. To some extent the worse the Australian market and dollar goes (assuming all else being equal abroad) should see the fund value go up as its not currently hedged)
Oppies are currently under 2c
Chart below sums it up really. Options are 2c, if the heads hit $2.. each 2 cent rise after that is a bag and there is 10 months to see if it plays out.
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Short Term Trading Week Starting: 30 May, page-147
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