rmxo - an interesting play

RMXO expires on the 30 June 2014 and can be traded on the ASX up to 19 June 2014.

There are 137,761,798 RMXO options, which could yield and additional $2.07m for RMX (if exercised at $0.015).

For the first time in a long time, RMXO was sold down to junk status on 23 April 2014 with 11,416,961 options (or 8.29%) sold to buyers at $0.001.

Now there are 13,100,000 units of RMXO to be purchased at $0.001 and RMX is currently trading at $0.012.

Did options holders parting with RMXO at $0.001 sell too fast?
Does RMX have something up their sleeve for the next 8 weeks?

Either way, RMXO is an interesting high risk, high reward play only for brave traders.