Good value in options if you are holding for the long term
Oppies at 16 cents is a 20% (ish) discount on the shares themselves.
Hold the oppies until the share gets to 40cents and you can dump the oppies at 34/35 cents. You can do the maths yourself. Buying the same dollars of shares will give you a 100% increase, buying the oppies is 112.5% increase. This marginal difference gets bigger the higher the share price is. At a dollar you will be getting closer to 20% extra for your dolar.
BLR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held