options, page-17

Got a tip for this stock at about 8 cents and ignored. Been watching it after it popped to 25 hoping for a pullback. Bought opts yesterday on the basis that they are underpriced to the head share. Ran a Black and Scholes this morning and with heads at 21, opts should be 12.4.
I note huge volume in Frankfurt overnight 6.47m, shares up 14.3% to 13.24, over 23 in AUD's.

This all suggests an announcement due soon.