Analysis of the well may take longer than the june expiry of the options for 1. Secondly with less volume its harder to buy and sell decent sized parcels without manipulating the share price. Have a look at all the small capped shares, when an announcement is out they move 20% on 40k volumes.
That is why the heads are better value imo. unless ur in the options early on in the game.
GDN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held