HiDaman,
I'm not selling I'm buying today so their is value in both heads and options as they can be converted cheaply.
there are not too many stocks on the asx that presents the cheap option conversion and a lot of people will be conveeting them for the bonus shares and free options so the options will dry upin thenext coupleof weeks as people convert which will push theri price up due to supply not being able tmeet demand.
Buying the heads (GDA) is easierfor those who are not experienced in options conversions ( it's really easy to do,you just ring the company and ask them to send you an option conversion form and you fill it in and send them a cheque for 1c or 1.2 or the 5c options for each option you want to convert and a week or so later they will be GDA and registered in your name, as easy as that and then you qualify for the bonus and free options )
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