At this stage option IHLOB is not trading much of premium at time trading at discount to head stock. Return will be higher on option because you can buy roughly double amount shares, opposite is true if options are sold off. If you want to buy option looking at comsec there not much volume you pick up around 800k option for around 5.5 cents that 9.5 cents if you convert to IHL shares. If you think IHL will trade over 10 cents in next year then you can consider option. I hold IHL I'm considering option. DYOR
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