Sure they were only 0.3c but current expiry at 20th May, seems crazy, but then perhaps that subtlety is the change in that expiry date to add a year after merger occurs. So thanks for pointing that out.
I'm pretty sure the merger will go ahead.
Still I'd be very happy for the options to be in the money and SP to be >20c by May 2016....
TRF Price at posting:
2.6¢ Sentiment: Hold Disclosure: Held