Wayang, I am always up for a beer mate. Maybe if TGS get to $2 we can all meet up for a Tiger party in Singapore.
On point number 2, I assume that a group / someone had already decided they are prepared to take up the options rather than let them expire worthless (if they were out of the money) as an easier way to accumulate a large holding of stock - isnt there approx 115million march 08 options on issue. If they were to purchase that many shares on the open market it would effectively move the share price a lot higher and cost them more.
I guess they would need to purchase the options from the holders and then convert them to stock.
I am not a big options man so dont know all the mechanics involved. Would certainly like to know more myself if there are some option savvy posters out there. Cheers
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