I'm curious as to how 2.5c can be too expensive and yet 1.5c be...

I'm curious as to how 2.5c can be too expensive and yet 1.5c be value. I agree on paper they are over priced, they are worth -11c in fact. So buying at 1.5 or 2.5 is buying on faith, faith that the mains will be over 20c before 5 years is up.
If we buy the mains in the belief that the price will be 40c in three years then the options are a better bet, I admit they come at a greater risk but the reward is also far greater.

I'm not buying the options hoping for a small return they are a small gamble on a large return. If your looking for a 10, 20 or even 50% return then the mains are the best bet bet. The options are either going to go off as in rocket or go off as road kill, not much middle ground.
I believe the lack off liquidity is simply no one in their right mind would sell out of that kind of leverage. So i'm happy with my small (89,000) but risky holding in our Little Golden Toy Co.