re: even cheaper oppies At close a discount of 8 cents off the intrinsic value and no value for the long dated 2008 expiry.
They should be trading at over 30 cents at least. But if the buyers are not there and people have free oppies to sell it is not surprising that there is a spread. The option price will play catch up eventually.
It all comes down to the fully paids tomorrow, if they go forward the options might make a big move, if not they could settle in around 20 cents, providing the fps are above 40.
There are only 20 million shares on issue, very thin and bound to volatile.
I own some DYEO.
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