KOM,
in respopnse to your query about a possible extension of the expiry date on VILO here is a copy of my post on 17 May which IMO makes it very unlikely that VILO will be extended:-
"dpage,
I was advised by VIL several weeks ago when I enquired that an extension of the expiry date of the options could only be authorised by a General Meeting of the company and that this could be unfair to option holders who had already sold their options"
Anyone who has sold their VILO for a loss would be extremely unhappy if VILO expiry date was extended so it looks to me like a CGT tax loss is the most likely outcome for us ATM unless this news to be announced after the TH is stunning. I can't see VIL exceeding the conversion price of the options of 10c in the time available but happy to be proved wrong.
ANZ
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notice received., page-30
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