There isn't a chance in hell of the options being in the money, even the fully paids are heading further south.
I feel for the poster on HotCopper that bought 500,000 options, he has done his gabolloks on that deal.
There is something not jelling with MAK lately and it probably has to do with the current RP price.
All those wonderfull positive comments about the quality of the product and availability of a new RP product source are not bearing any fruit at present, in fact if we take the sp performance over the past 6-12 months MAK is stuffed IMO.
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