What value the Oppies?, page-31

The oppies seem to have settled at about 4c (at least for the time being).
For a 14c purchase you can get one head or 3.5 oppies. The break even point is a 28c head price.
At a 4c purchase price you can get 3.5 oppies for 14c.
On sale of one head share = 14c
On sale of 3,5 oppies you get 98cent, but need to deduct 70c for the 20c conversions
Hence at 28c head price the 4c oppies are at break even with a 14c head purchase.
If the head price goes significantly above 28c you can do well (or even very well) by purchasing oppies at 4c.