wgpoa value

According to the "Steini - Oppie / Heads" model the oppies should travel at about "1/2 of the heads price" until heads reach twice the ex-price. Of course this could be a bit varied according to the expiry date.

That means, up to 6c heads, WPGOA half price and then about 3c difference.

Therefore, at today's close 1.5c WPGOA would be o.k.

I bought at 0.6c, very cheap, especially if the heads move up tomorrow as some have predicted.

I have used this model with various shares and was mostly succesful. And the good thing about oppies is the average 1 minute delay to heads movements when the heads have a turbulent time.