Ann: Change in substantial holding - Admark Investments Pty Ltd-OGX.AX, page-6

I am in the position that I will need to sell some of my OGXOB's to fund the conversion of the rest, so I am waiting in hope that the price will move up over the next two months. So selling options at the moment is not something I would consider. As the expiration date draws closer, from the end of October I am thinking, the option price could drop to more than 12 cent spread from the heads as people do what I have to do, flooding the sell side. The lack of interest at the moment does concern me a little, I just hope things are moving a little better by then.