Ann: Security Class Reinstatement to Quotation- OPTOB, page-534

I haven't seen the options at 30% of the heads since I first purchased them after the raise. Since then it seems to have been mostly around half the value of OPT. Brief moment when they fell a bit below half of OPT when OPT moved to 60c, but there was hardly any liquidity. I don't think many option holders are willing to give these up cheap, they provide substantial exposure with significant less risk to the upside potential of OPT, and it seems buyers are beginning to realise that if they want the protection and/or leverage the options provide, they have to pay up a bit. That's at least my view, which is why I quite happily added a fair few OPTA at 30c recently. I'm quite confident that with good results this will be trading at over $4 by the time OPTA expire, and potentially as high as $10 when OPTB expire. With such potential upside I won't muck around trying to save myself a few cents, particularly with results so close, though I do have a bit of spare cash ready just in case.