stockhunter, your analysis is correct but options are always high risk high reward play and you never know what can happen.
If heads somehow get above 10c the option holders will make a killing. I believe they will include a premium even with only a few months out. Traders will always try to make a quick buck and push them up.
I am still positive for the options if the announcement comes in the next few weeks. At 10c heads I believe oppies could be 5c.
Thats 500% instead of 100%. Of course only experienced investors should be playing options at this stage as its basically gambling.
Good luck
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