I think with the options, the market is expecting the heads price to drift back over the next few weeks back to 16.5c, hence why no one wants to buy at 12c. Seller of 1m doesn't help much either.
That is not my expectation though. if the heads can hold the line in the 17.5c-18c mark, then the options will probably get more support and move higher. Otherwise making a good trading stock at the moment.
helium results, page-9
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