In a the normal turn of events the OA's should have seen some...

In a the normal turn of events the OA's should have seen some furious selling well before now. The heads probably need to be around 9-10c for mnmoa holders to feel confident of converting. So one month out from option expiry and the sp a third of what it needs to be for the mnmoa's to have ANY value and no one is selling?!?

From the stocks with options that I have followed this is very unusual trading. Now from top 40 holders list a lot of options are held by a few, perhaps loyal, perhaps very loyal holders. But it still doesn't account for the fact that there has been precious little trading in these options with one month until expiry.