oppies being snapped up again!, page-8

Hi Guys,

With the 3 cent differential between the oppies and the share and the current sp, there isn't the gearing anymore. When I first bought in I got shares at 3 and options at .6 i.e. 5 option for every share I could have bought = 5 times the gain. At the current price, the ratio is only about 1.4.

With the relatively short time between now and exercise, any longer term holder might as well buy shares? I suppose 3 months deferal is worth something.

Anyway, I have to scratch around to find the $60k to convert mine. Problems problems.

Regards & happy holding to all.

Keith.