whoever wrote that the annual report says the options are worth...

whoever wrote that the annual report says the options are worth 3.77c conned you guys good, because there is no mention of what each option series is worth.

They have an aggregate, on page 13 and 35, but you cant determine the value of the 15c options from that. howvever, ill be mpore than willing to concede if someone showsme a page number

If you want to work out what the 15c options are worth, stick the relevant numbers into a worksheet, find the volatility by working out the SD of bgf's price over the last few monhts.

in case you are too lazy:

bgf - bgfo
10c, 1.4c
10.5c, 1.6c
11c, 1.8c
11.5c, 2.1c
12c, 2.3c