A punter showed good interest in CXSOA early in the session. Hit...

A punter showed good interest in CXSOA early in the session.
Hit the ask price of 38.5c and took ~44K off the seller.

Good long options with 2yr 4mth to expiry date on 8 Feb. 2012 one can assume that the punter expect the options to be in the money by then or ell before.
The buyer paid 38.5c add exercise price of 68c = $1.065 for the real thing.

Any crystal ball gazers out there who is prepared to have a go at predicting the CXS sp by X-mas 2011 ?