It should run level through the target dot. It may appear low but should be about half full max.
It depends which pump he has Paul, earlier Zeds had a pump which didn't have a prominent marker on it like on your 3.0. Think Dean said his is a 98 2.8, and as usual no idea when BMW started switching them over to the later style.
I believe this is the earlier version from a quick google, so not sure how the level is shown. But it will be low when the roof is in the up position, and higher when the roof is down. Guessing somewhere in the middle, and there may be a marked on there somewhere!