Hi TF
TEXOB expires October 2012 and strike price is 10c
I think its reasonable to assume the oppies to track to just below 50% of the share price
If the share price hit 10c say in March 2011 the OBs should at least triple from here to around the 4s.
If SP hits 15c then they are worth minimum 5c - but I would suggest they would be trading in the 7s at a minimum.
Hope that helps!
anyone actually holding???, page-5
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