With regards to the oppis not being such good value, well if...

With regards to the oppis not being such good value, well if there is more than a 3c difference between TOX and TOXO, long term holders are better off buying TOXO and paying the 3c exercise price to convert into TOX.

Never write off the oppies as an investment no matter how close to the expiry date the oppies are.

Simply buy the same no of units in TOXO than you would in TOX and if say TOX is 3.2c higher than the oppies, you effectively save 0.2c.

In addition, there is leverage to be had although not as much as the last few months

Happy trading

Cheers