Ann: SYNThesis BioVentures MoU for cellular immunotherapies, page-74

I agree with @DjohnR, IF 1AD is in ta;kes with companies around a payment arrangement, they couldn't possible be allowed to by shares on market.
Would pretty much be the definition of insider trading, while it would be disclosed on market, the timing would come under heavy scrutiny.

I am holding a company whose MD bought shares on market 3 weeks before an announcement that didn't even move the SP. Was a 5% rush at open from memory that fizzed out and they still got him to respond to a ASX query around insider trader.

The first the they will ask is, did you know or have any information that would make you believe that a deal would be done.
Answer: Yes, we were already in discussions with them.

25 trading days till options expiry.

Man as someone that has no options skin in the game but a considerable share holding. I would love for the announcement to drops to 2-5 days before ptions expiry.

Would really reward those that have the faith but too be fair, T/O never said it would get done before then anyway.

I mean if SP remains at 2.7 - 2.9 I doubt people would just let the options expire. We all know what the deal will do to the SP and realistically there are millionsof options about to expire. For people saying I'll just buy on market, there most likely won't be enough to sell for everyone to buy in lower.