Ann: Expiry of Listed Options, page-7

Well they have officially expired now...despite the many posts previously from those 'in the know' that they would certainly be converted! They'll never have to do a cap raise again!

Will now be interesting to see how the market responds as many who held options would also be holding heads. It always leaves a sour taste in your mouth when options expire worthless and of course that is the game but especially when they were in the money for such a long time and not too far out from expiry.

I must say the failure to convert those options lays squarely on management. From what I saw they didn't have to do much to get them over the line and they still didn't produce anything. Even had idiots willing to buy them up at .008 just weeks out from expiry.