Balmersdog,
I'll give my two cents worth as well - partly because I DO like options!!
When you see a company like GUJ with these strong fundamentals, you know your capital is in a 'safe' spot - therefore buying very well discounted options (which these currently ARE) is somewhat of a no brainer.
You either spend less capital than you would buying heads, and convert them. Gives you instantly in profit shares, or use the 'conversion' money for a while to put into other stocks to make more profit, and exercise these options closer to expiry.
For me, they are a win win - there is still 4 months of date on them, so plenty of time for the heads to grow and see good profit in your investment.
Very tightly held - so a great opportunity to take advantage of any stale bull exits, and take up the discount slack. Can probably buy more of them than you can buy heads without having to push the sp up too fast.
GUJ
gujarat nre resources nl
