I was answering this part "and even conversion in the longer term wouldn't be great value whilst at this price..no?"
Say the price for some reason, whatever reason, jumped to $1 right now. What would you prefer to be holding, 1 million CRO or 1.42 million CROO? They both cost you $64k today and at $1 you'd only have to sell 35,000 CROO to pay for the conversion of the other 1.39 million CROO.
If you're trading I wouldn't even bother looking at CROO unless it was trailing the heads by more than 2.5c, which it often does. When the SP was above 10c the options were lagging quite a bit so there was a possibility to make a bit of money when they caught up.
Either way I hold both.
I was answering this part "and even conversion in the longer...
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