"... the SP would probably bounce around at some stage to a level where you could buy cheaper."
I would not count on that. My view is that once the CLC sign much will follow rather quickly and the SP will not be seen anywhere near 20c (or lower) ever again. Don't read that as me recommending the options since I think the CLC are not really concerned at what their delay is costing us (or anyone else) and may even be using it as a form of extortion for a better deal. I sold my options a year ago because I feared the position we are now in.
"... the SP would probably bounce around at some stage to a...
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