Recommendation, page-255

I got some free attaching options in the cr. I'm not selling any. I was hoping to buy more at 1c but no liquidity. Even when the sp dropped below 6c, hardly anyone sold options. That was quite surprising with a sub 6c sp and 15c exercise price. If you buy options at 1c, it takes another 15c to convert to ordinary shares so if you are to convert you will be paying 16c per share in total. Right now you can buy shares for around 8c.
For so few to be willing to sell these options, it's pretty clear that most holders expect big upside for this stock.