hmmm Interesting situation. Note that Bye issued a directors...

hmmm Interesting situation.
Note that Bye issued a directors change of holding notice yesterday after trading.
1,700,000
Shares
(1,700,000 $A0.25 cent
options converted to shares)  and exercise of 1700000  $A0.25 opt expiring 30 September 2018.

Date of change was 5/10/2018, and notice  released yesterday (9/10/2018).

Seems that this transaction may have been late in being processed, or notified,  I'm not sure on the rules here - but perhaps the conversion should have happened on, or before the expiry date?
However,  delays in timing may be handy in any decision relating to exercising  options, or not.
That been observed, it looks like it may be very positive in relation to the  BP up coming announcement.

On top of this, Oel has had some very positive buying in the last few days and the drilling operator of BT is not a listed public company and there may have been some whispers happening, or maybe just calculated speculation .
Seems odd that OEL really went nuts in the last hour yesterday.
BYE and MEL did not have the same positive share price action of the last few days or last night . Sooooooooooo............

It maybe that we could be sitting on a double bonus of good news come Friday. Time will tell.
Hopefully its very, very good news for all holders .
IMO DYOR