One thing to note on the options they have quite exceptional leverage at the current price.
If share price doubles from $0.013 to $0.026 (which I think is very conceivable in the next 18 months) then the options should make a move of approximately 5x ($0.026 - $0.01) = $0.016/$0.003. I track a lot of options on the ASX and only one other stock has a better return on a doubling of stock price (and that definitely isn't as good of a business as EXT).
I really don't want to jinx us here but the movement the past few days is quite different to the last time we ran up to $0.013 where it was constantly sold into. This has been the other way around, and at the moment there really isn't much depth on the sell side. If we do get anything substantial on the news front this could really run.
EXT Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held
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