Ann: Notification to Optionholders, page-8

The spread on MNYO is pretty horrendous.

Convert today and make about $0.53, or sell to the highest MNYO buyer for $0.465.

Or buy MNYO from the lowest seller at $0.570 with only a month before expiry.

Looks like the buyer on 1 March paid something like $0.55, so their options are looking slightly expensive, but I guess if they tried to buy 1,000,000 regular shares on market, they would drive up the share price anyway.