Ann: Acquisition of Significant Oil and Gas Asset, page-17

re: Ann: Acquisition of Significant Oil and G... i doubt the options resolution will pass , mhl will make it look like they are trying to do with asx approval , depending how they go about it asx may reject the proposal which is what the want anyway

let see 9 billion shares on issue the market cap between .002c and 3 cents is a lot .

9 billion x .028 = is around 250 million fat chance mhl will have a market cap like that anytime soon
and a share consolidation still consolidates the option price

cant see the options ever been in the money