yep, at this point imo BASO should be 1/2 of BAS, until they trail by intrinsic at 24c by the exact 12c.
Having more things worth only 12c less than the other, is a leverage advantage.
People should be thinking about the path they trail Heads V options eg. Say you can by 2x as many up to the intrinsic trail. 14c v 7c 20c v 10c 24c V 12c then intrinsic trail by 12c then
30c V 18c 40c V 28c 50c V 38c etc
So when the shares are at 50c, do you want heads 50c or 2 x ops 38c = 76c ? As the same money today buys you a choice of either.
BAS Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held
