Ann: Notice of Options Expiring , page-4

Small volume today sub 20c for the fully paids, then 5m EXEO bought for a nominal 0.1c approx. for a spend of $5,800.

So someone thought it was a good idea to pay $5,800 today, and another $1,000,000 in a couple of weeks for shares which are (at small volumes anyway) trading at below the option exercise price.

7.5% of issued EXEO traded (bought) today. Someone either just likes to gamble (a possibility I guess)on CNOOC coming to the party VERY soon, or they are VERY confident that EXE fully paids will be trading back above 20c at volume soon.

Wish I knew what game is being played here.