I think regular forum readers have a clear understanding of your views, you post the same thoughts and theory on what feels like a daily basis.
I do understand your perspective but think you are a bit blinkered.
Here's my 20c worth-
There is a precedent, BPHOA's expired worthless, July 2021 from memory. BPHOA holders would be a bit insulted by the concept that the OB holders are somehow more important than the OA holders who were abandoned.
BPHOB's were born out of the Scomo decision, captioned originally as "loyalty options". I liked them because the 2 year expiry timeframe was, in my opinion, sufficient time for the court to make their decision, I believed the title would be re-instated. That being said, with a first hearing date of March 2023, I knew there was a risk that a decision could be protracted if the Government dug in their heels. So I knew the risk, and I had no other expectations, i.e. NOPTA approval, beyond hopefully the court case outcome. But that's just me, I appreciate plenty of water has gone under the bridge since I was actively buying them.
There are no obligations on the BOD to do anything. That being said, I can see a very strong argument for something to be done. Mode and others have identifed potential solutions. As others have pointed out, a delegation of optionholders, led by Mode, would potentially assist in a favourable outcome.
On the other hand, daily posts on HC are unlikely to make any difference. Maybe start a dedicated option expiry thread?
If something changes, continuous disclosure rules will necessitate an announcement by the BOD. In the absence of any such announcement, you can be assured that nothing has officially changed.
BPH Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held
(20min delay)