option deal

I can't work out this option deal, "... to reward shareholders", I don't believe it. What they should have done is paid a dividend of .5 cent per share (cost 3 million), and work around the 20 cent options (end June) getting a good take-up rate. Obviously it would use a bit of cash but also show the market that ASC should be taken seriously, this would bring on as buyers those that only buy dividend paying stocks.