Government corruption as you put it, has affected shareholders, as well as option holders. You are conveniently inferring that the current option holders are all the original holders they were issued to….very unlikely with all the millions upon millions traded. If the Government is responsible for the loss than the option holders should seek recompense from them, not shareholders. You have enough experience, as do many here, that options face many risks…Despite that I’m willing to accept an amendment to the proposal ….option holders that have held for at least 12 months at expiry are entitled to the rollover to the new options…this would exclude traders and Johnny come lately types.
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- Ann: Letter to Listed Option Holders
Ann: Letter to Listed Option Holders, page-244
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