I hear you. I'm working on the assumption that Tom has the...

I hear you. I'm working on the assumption that Tom has the capital to afford his Nov '23 $1.30 options.

By Nov '23, we're circa 15 months out from phase 3 results, meaning lower opportunity cost and higher share price vs today. Tom's options allow accumulation of 800k units - trying to accumulate this amount on the market without forcing up the share price would be difficult, particularly in Nov '23 as the share registry gets tighter and tighter.

Net, I see a lot of attractiveness wrt the Nov '23 options - let's see...