option conversion, page-4

If you want to trade then try Beach, AWE etc for your oil exposure. But at 5 cent conversion, Gindarra in 09, flow tests pending, US winter, more OPEC cuts, possible recovery etc there are more than enough reasons to hold. 5 cents is nothing for conversion if you believe the oil story. KIK are illiquid and you won't trade at a profit this year, (which sounds like you're wanting to do), but to hold throughout 09 well, how much further could KIK possibly fall.... Check the chart out against the fundamentals..it says it all...