Well yeah….. but to rise that far from 1c took approx a year...

Well yeah….. but to rise that far from 1c took approx a year too.

I know because I owned them.

So plenty could have exercised them for 7.5c when the heads were 18c.

No rule to say when anyone needs to convert them either. Can be close to the date or a year out. That is up to the holders judgement. At worst, they could still have been traded as normal shares for a profit,

As it was since then, the SP fell south despite all the big announcements.

My point was if you buy them then you need to be prepared to do your arse. That’s how they work.

You don’t then ask for an extension.