well i think the heads can go to 50c easy after 3 succesful Wilcox wells.
if that was the case then buying the options now at 1c is extremely cheap....25c to convert the options + 1c = 27c thats what you would be paying for a 50c share or you can trade the options at say 5c and walk away with your profit.....so you see....options can have great leverage advantages if you play it right.
just my 27c worth....LOL
great to discuss the pro's and con's
cheers
NSE Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held
