yes, it does happen - LOM options were recently repackaged/extended. They were expiring end of August and option holders were given the option of buying 1 new option for 2 held options with an extra 8 months expiry date for .001 each. I doubt NRR will do something like that as it's a bit too close to expiry and I don't see their need. If they expire worthless, there is still money in the bank.
and yes @Techmeister, the oppie expiry itself is what I see as the catalyst. I've been watching the movement and had the China debacle not havoced last Monday, I think the share price would have held the 6's and be pushing into the high 7's about now. I am interested to see if the Biotech convention gives them a little nudge back on track.
Interestingly, there are not many shares for sale, so when it goes, it could really go, especially with the exceptional quality of the tech.
NRR Price at posting:
6.1¢ Sentiment: Buy Disclosure: Held
