faso 25c option expiring august 2009

Interesting to see a buyer has appeared at .001c. Obvioulsy just a punter as it is highly doubtful that the options will ever see the like of day.

Surprised that someone from the millions of option holders hasn't taken the opportunity to get some coin.

Heads are taking a breather and would need to go up another 300% between now and August to get the oppies to the 25c strike price.

On the other hand, it looks like an opportunity for a brave minded person to take a punt on FAS hitting some solid Iron ore hits, opes payout and/or corporate action from the many suiters that would like to get hold of 19% of GWR.

I watch with interest.