Let's keep the information correct at least.
So, I used your figures, however I did everyone the favour of changing the stock price and exercise price into USD from AUD (9.5c and 11.8c AUD changed to 6.25c and 7.76c USD respectively).
Which spat out a Black Scholes value of 3.6c USD OR 5.5c AUD.
Note: Also changing the annualised volatility rate also changed the value a little.
Given the IMUOE's are currently 4.9c, according to my figures they are just 0.6c off the mark (12.2%).
Yours state they are 1.3c (and 26.5%) off the mark.
Big difference.
DYOR People, more importantly, do your own maths.
