Free options you can execute at 20c - (have to weigh up if its worth your while to cough up .04 - .05 above current market for option that will cost you 20c in future). I think I am not alone on the long term hold rollercoaster, but from my experience so I feel safer picking them up off the floor on the lower than SPP offer (I got burnt on the higher prior SPP, so now have the option of cut and run and take the loss or average down during the low and hold -- averaging down is akin to catching a falling knife blade first though)
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- Ann: Supplementary SPP Letter to Shareholders
Ann: Supplementary SPP Letter to Shareholders, page-14
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