Depends when bought oppies. Right now if you buy oppies now and convert need price over 2.8c to be in the money. But if SP goes up from say now to 4c in December I guess some will do what I did in another share and that was sell some oppies and free carry the rest, once converted to heads.
Anyway, given oppies and heads price now, if intend to hold heads long term then better of to buy heads on market now - i.e. I topped up. If intend a short term trade or leverage then buy the oppies. IMO
MZN Price at posting:
2.1¢ Sentiment: Hold Disclosure: Held