The options have traded at about a 0.3c premium to the share price roughly above 2.5c. Not saying that’s fair value or not but it’s stayed there almost always. I think the management knows how important getting them exercised is and will be making sure they can over deliver and have that share price kept above a good point for exercising. I agree also that that bsm is incredibly undervalued. I’m 99% sure they’re going to deliver an estimated earnings upgrade or overshoot in the quarterly for that push. Would love to see a bit more buying on market from our directors again too!
BSM Price at posting:
2.4¢ Sentiment: Buy Disclosure: Held
