haha the million dollar question :)if the nta goes up through...

haha the million dollar question

if

• the nta goes up through good investment picks
• the share price tracks the nta and doesnt keep trading at a larger discount (@ negative 3% at the moment)
• the market doesnt crash or have any big pullbacks in the next 18 months
• the exchange rate aud/USD stops going up against us and giving major headwinds.

then my own personal view is it is a hold given they were free ride for existing holders.

i previously estimated the options fair value would be 15-20c in a previous thread on the wgb options, it hasn't got near that yet!, i also said i would think of selling if the options got to 40c which would be overpriced on the base assumptions made on the 15-20 calc. i will also review my position prior to the div payment dates where i may exercise for the div and take the extra 2c franking credit.

also depends a lot on personal investment focus and tax etc