The exercise price on the options of 2.5c means that the sp will...

The exercise price on the options of 2.5c means that the sp will have to near to 2c before the options are worth anymore than what we paid for them

Also dont forget that Melbourne Captial have 210,000,000 options to place on a best endeavours basis, it would be in their interest to have the SP closer to the exercise price, i am not suggesting that they are doing anything to manipulate the SP