BGD 0.00% 26.0¢ barton gold holdings limited

Can someone explain to me why a 10c exercised priced option with...

  1. 988 Posts.
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    Can someone explain to me why a 10c exercised priced option with a long expiry date is trading so much out of the money? I would have thought with leverage if anything it would be trading inside the 10c range? Thanks in advance
 
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