id say they are very overvalued, you are basically predicting that the heads will go over 28c if you are buying them at 8c
although the leverage will be good down the track, you only have 8 months left and you could be left with 100% loss if the heads dont end up moving (e.g. bad announcement)
i would definately be buying the heads.
id say they are very overvalued, you are basically predicting...
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