Ann: Security Class Reinstatement to Quotation- OPTOB, page-590

As we move above $1 the options should really start to become a bigger percentage of the share price. 50% at the lower prices should become 60-70% as we move higher. 50c is arguably quite undervalued considering the certainty of both options being substantially in the money if results are good, and of course the safety they provide if things don’t go well