Why not 10 cents ?? - the cost of 1 cent is nothing to do with it. The fullies determine the price and I always work on around a third of fully so around 8.5 cents but if punters are happy to pay this for what is considered to be, potentially a great story, then I'm happy - of course you may not because you want to buy more. They don't have a huge amount of time on them (the opts).
I just see this issue as a bit of a bonus for us shareholders.
Cheers
Fletch
options, page-3
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