My take on it is the exact opposite appears to have been occurring. i.e. a punter or two do NOT want the oppies in the money.
The run in the last week before options expiry will never be enough to get investors to cough up because they can and do buy on market for a cheaper price.
It wouldn't have been hard to get the share price over 25 cents I reckon if interested parties had wanted to raise money via option conversion.
I'm interested in what others who've been following the trading think.
AAG Price at posting:
23.5¢ Sentiment: Buy Disclosure: Held