Folk are leveraging off the back of SRT being successful.
All M Walker shells will have a day in the sun if so.
The beauty of WPI is that hasnt really moved back up with SRT since it moved off its low of 1.5 on 03/02.
They have become slightly detached in that sense.
WPI at this price is a bargain
When SRT was last trading at 2.3/2.4 back in January.
WPI was trading at 2.8-3 cents.
Its also worth noting those options have not budged. While they are technically quite expensive. I think they are pretty good value if you want to play WPI for less capital outlay.
If you believe that WPI will be worth more than 5 cents before 31/12/2017 then it looks a pretty smart play.
WPI 500k units @ 2.4 = $12,000
WPIOA 500k units @ 1.2 = $6,000
With options you obviously need to be able to stomach the some times more volatile nature of the swings in price. However it would appear these are very tightly held.
Even though the share price in WPI touched 2.1 on 10/02. The options did not budge.
Another thought that if SRT isnt a home run or 3, That doesnt mean WPI wont be because it hasn't even announced anything yet. So with WPI you are still left holding an ace
Food for thought
