People will start waking up soon. Cheaper to purchase options & exercise them than buying the shares.
Options @ 7 is equiv. to share @ 21
Options @ 9 equiv. to shares @ 23
The above strategy is really only for us small investors.
Any Fund would most likely never buy the options.
It would be lovely for a few million options to be purchased & exercised thus reducing the 22.5 mill options on issue even further.
Anyway, my belief is that the in last few days we have seen some institutions taking a position. It would not surprise me that we are seeing some U.S. buying. Some U.S. funds are prevented from purchasing stock in a company capitalised under 30 -40 million. As the market capp increases more overseas funds will enter the playing field.
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