The only 1c options I'm aware of are 13m unlisted w expiry 31/3/13.
Recent options exercise was all at 1.5c portsea7, so at 1.5c no profit for anybody selling (who bought on market).
Pendulum and/or clients might be dumping at any price down to 1.5c, having failed to make an expected decent stag profit. The guys selling at 1.4 must be small fry. Complete bunnies imho.
It'll all blow over eventually; just a bit boring atm.
looking forward., page-87
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