Options expiring 18/11/15, page-2

As I've stated previously, my opinion is that the low volume selling over the last few weeks/months has been option holders selling FPO shares to fund the conversion of the 12.5c options. They may leave it to the last minute to convert or buy back at lower if the price drops further.

If they expire then a few weeks later the 30c RI options (which are mainly held by Mums and Dads) expire. That only leaves the Placement options which expire just before the New Year and are held by US funds, Novogen has already done the paperwork to have these issued as NVGN if they are converted. High probability of a pump after the RI options expire IMO.