Pigpen - I doubt it - if they were that interested they could have easily found the analysis that demonstrated that this was a silly thing to do. They have walked away with over 150% profit after 7 months of waiting and probably consider themselves pretty darn clever this afternoon. In 3 years time they won't think so.
Kev - I think whoever has them quite likes the idea that they can get some very cheap BMN shares whenever they like - it's no doubt useful for backing a short if that is your weird and twisted approach to things