blaze assets owns 5.14per cent of tex, page-24

TEX options were never going to finish in the money anyway,thats why Blaze is not making an offer for them.I have been in this expiry situation with another company,and IMO management will not do anything until oppies expire.They may issue more free oppies,but you would need to hold fully paid to benefit,as SH would not approve unless they benefitted from the issue.Even if they issued 1 for 1 you would need to hold as many heads as current oppies to fully replace them.Just a guess.