BAS 6.56% 5.7¢ bass oil limited

I think the key to knowing whether the recent sp movement is...

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    I think the key to knowing whether the recent sp movement is from a leaky ship or not will be determined by how BASO trades today. If it is because of pending news regarding PEL182 then logic would indicate the sp could reach higher than 15c so any options under 1.5c will be mopped up as this is where the most gains potentially can be made. If it is just traders releasing the handbrake the sp movement of options will be a lot more conservative. Gltah.
 
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