I am one of those that suffered from the consolidation and i am currently in two minds. If i exercise the options and then sell it, i will get a quick 20% gain. On the other hand, if i don't sell it in the market, this could be an opportunity for me to get more now in case the share price improves. Having said that, VPE has always been an active explorer, despite their successes, the share price has not reflected as such in the market.
I noticed that quite often when they do their presentation, they indicate the 'potential' share price if the drilling is a success, however, despite their successes, their share price has never gone up as predicted.
VPE Price at posting:
30.0¢ Sentiment: None Disclosure: Held