What the..., page-4

I already have enough of those... not sure what the best exposure to the stock is i.e. oa's, ob's or ordinaries...

I wouldn't touch the oc's as they don't seem good value...

perhaps ob's at <2c would start to look very "cheap"... Im not very good at option pricing... the best way I use is to say what's the chance asc will reach $1 in the remaining time and what will the ob's be worth.

So at 2c to return 20c you need asc to have a greater than 10% chance they get there... 4c is prob a tad too much, 2c seems okay.

but for the options you would be better off to wait and see than just in and buy right now... quite a few sellers queueing and you might be able to take them out in the next weeks or so if asc starts running.

I own them but would sell at 4c-5c to buy the ords.

Cheers,
Munch.