Yep that's what I thought, I think the interesting part is the piggy back options though, that's the double leverage. So while there is a traditional option leverage play as you indicate above, it gets really exciting once people understand that you get a free 25c option if you ex before Jan 16. That's the massive kicker. So there is a huge incentive to get the heads to 45c, and with so few on issue, it's quite easy if you were motivated....
CXZ Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held
