Ann: Application for quotation of securities - FND, page-39

Punters having to sell options to either cash in before expiry or to raise funds to exercise what they can. With only being just in the money there is the likelyhood of arbitrage where as those cashed up can buy the options and then exercise for cheaper than buying heads straight out. If however we get a big juicy announcement in the next week then there could be a scramble for shares and being tightly held will mean the possibility of big demand for options in order to secure a decent volume. Should be an interesting week this week and next imo.