Not a dud if you trade them as they are without converting. Last time the heads hit 0.5c the oppies were 0.2c... lot's of people bought oppies then. Of course no one was planning to convert at 4.2c but just sold them on the way up to 1c.
The oppies at 0.7c could easily double from here within 2 months or less. So can the heads but I found the oppies fluctuated a lot less so it kind of gave me more 'peace of mind' when I used to hold.
TV2 Price at posting:
1.7¢ Sentiment: Hold Disclosure: Held