article on the australian, page-19

hi ferdie
that was not what i was referring to.
the only group of people that will want oppies to be suppressed is imho only, management.

black scholes is a method to calculate the "approximate" value of options, with 15 months to go their should still be a reasonable premium but this has over halved in 1 week.
"someone" deliberately holding at 1.6c, we obviously dont know who is selling at 1.6c but seems unusual that even with SP rising, options havnt moved.

the obvious reason management want oppies SP to be held back is for people to start converting them.
this wont happen till the spread is 2.5c, only last week it was 1.7c

just my opinion only, but oppies are definitely underpriced.