re: horley pr in herald sun mitis,
oppies sales in recent times have mostly been around .017-.018; in that time shares have been .22-.23; if you had the money to convert in december and believed in the company then a buy of options would be the way to go to make a few extra dollars (total purchase price 21.8) and buy yourself 10 weeks of leverage.
options trap .. no way out for those who are in ... keep the ords price down for as long as possible and buy all the oppies you can cheaply.
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