quite week - volumes down

Options getting close to expiry, rival bidders for company and yet trading is quite and volumes anaemic, especially on the buy side. Unfortunately history and market activity this week suggests the bidders may not be serious. For those holding options you have some big decisions to make in next week or so. Sell out now for 8c or below, convert for 30c and hope deals comes off (giving you a good 30% increase from current levels) or convert and see nothing happens and SP back to 20c range giving you a huge loss. The market action this week is telling you what people are doing so far......
This stock needs some positive news and soon.