Wow, this really is a noob fest in here today. There are specific laws that protect small shareholders. If, as you suggest, the option holders might band together to force the company to advantage that group of shareholders by extending favorable terms that ultimately disadvantage those other holders then there would be potential legal challenges by those disadvantaged holders or by ASIC or even the ASX.
Can anyone find any examples of option terms extended and how that was managed?
NOR Price at posting:
3.5¢ Sentiment: Sell Disclosure: Not Held
