I don't think it will happen now. But that's just my opinion. I could be wrong.
I have been trading for a very long time and have not seen this happen at such a late stage.
The time was last month. If you look thru my posts, I asked some holders to talk to Tino around this Loyalty Option. I put a few posts around it. I believe they approached Tino, but it seems he has not obliged.
Tino has already had a notice on 26th August that Options are expiring. Many may have sold at rock bottom prices taking huge losses. If Tino was to now issue Loyalty Options, he could be in some legal trouble if those holders who made losses pursue it. I believe it should have been done before 26th August notice. I can understand a lot of ramping, but this is another level I feel. But, I always believe anything can happen. Its each one's expectation. Their risk/reward. So theoretically till they expire, anything can happen, but odds are not good at this late stage. All the best.
BAS Price at posting:
11.0¢ Sentiment: Hold Disclosure: Not Held
