If you want to buy the FPO's then obviously buying the options and converting them is the way to go for a smallish saving.
It is hardly a time to buy the options to trade them with under a couple of months to go before they expire.
The FPO's are 27.5c today but could easily be sold at 23.5c tomorrow, seeing the stock is so thinly traded at the moment.
I think the options are reasonably priced now. I'm sure if they had a year to go, they would probably be double what they are.
In any case, convert the options or buy the FPO's. This baby has slowly crept up over the last few months with not many people noticing. Next year could be a huge year for them should they get a foot into the USA.
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