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Ann: Options Expiry Notice - Waiver of ASX Listing Rule 6.24, page-20

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  1. 1,624 Posts.
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    understand why some people aren't happy with the options extension..

    everyone knows how options work and how they can expire worthless, so i do feel for those who sold options for a loss, not knowing there was going to be an extension

    also agree that options are better than credit note holder.. but perhaps the company could have simply let the current options expire, and issue completely new options expiring 2021 (as per new extension) - that could've been an option?

    but then the long term holders who lost from expired options would be unhappy

    no situation where everyone is happy here..
 
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