I think the SP is consolidating nicely here and as the news flows in coming weeks that the SP will break out and on strong news it could easily explode once the option overhang is done .
I feel the long term holders would do well to buy the options at these as they are in the money and then convert and hold the e stock and go for the ride .Based on fundamentals this stock is in my view well undervalued and once the market awakes to the significant potential whoever buys at these levels will be very happy indeed IMO .
IHL Price at posting:
7.0¢ Sentiment: Buy Disclosure: Held