oppies

Vil on the move up again-great to finally see! What are the opinions on VILO. My thinking is that if these start to rise before any announcement it could be a very strong indicator of the indicative price we may be seeing over the next 2-3 months as the conversion cost is 10 cents with end of June expiry. So any rise on VILO (from buying from those in the know :)) would point to the expectation that SP may go North of 10 cents as would be futile buying the oppies if this was not the expectation OR could point to rumours that they may be underwritten. Anyway, just a thought to keep an eye on these. Any opinions? Cheers