Buying options is always a gamble. My purchase of options came about a week before Pocock resigned, sending the share price from 40c to 19c.
So while it was a gamble, I think I can feel a little aggrieved that Pocock was pushed out without really any warning, any reasoning, and no permanent CEO ready to replace him.
I think long term holders of heads or options deserve clarification on the Royalty rate. A more potent ASIC body would have required this to be disclosed, rather than letting it slide after Hazer's Royalty Rate clarification announcement which did not provide any form of clarity whatsoever.
HZR Price at posting:
29.0¢ Sentiment: Buy Disclosure: Held