Having said that with all the comment in regard to these options...

Having said that with all the comment in regard to these options (and if it is an ASX rule) none of us picked it up so it is reasonable to say that management have been poorly advised. They wanted to give these out at a 'peppercorn' price and wanted to hand them out for the lowest possible consideration. If that is 0.001 instead of 0.0001 and it upsets you then don't take up their offer, keep your $100 or so in your pocket.
They say DYOR so maybe if you don't like it you could be upset at yourself for not picking up this "error". and while you are beating yourself up I will have my cheque ready to pick up my almost free options.