'Shareholders should participate in the options , it could turn out to be a fantastic investment , if wellfully takes off after bodyguard , surface hygeine etc, and 2 years to run . The options should be a multi bagger from the start '
You obviously have a short memory Rebel, as this isn't the first time OBJ/WFL have offered Options that went on to be tangibly worthless when the Option Expiry Date rolled around quite a few years later. OBJ/WFL had two sets of Options 134,794,253 (2008) & 55,559,997 (2009) that were all worthless on their Expiry Date of 31/12/2010. What did OBJ/WFL do? They issued another Option with an extended 2 year Expiry Date, on top of the original expiry dates. So just to refresh your memory, the original 1 cent Options issued in Dec 2008, were still worthless in Dec 2013...which means the only thing that appreciated in those 5 years, were the amount of shares on issue and the BoD's salaries/benefits/performance shares etc. A small percentage of Shareholders exercised their Options along the way, when there were very minor increases, but the majority of Shareholders waited to the Expiry Dates and the share-price was still worth 1 cent; so the options were worthless. It's all there in 'ASX Announcements History' and a fascinating refresher. So Rebel, when you start offering Financial Advice here on Hotcopper about 'multibaggers' etc, it may be prudent to add a little 'imo' to your posts. Ironically, BodyGuard and Surface Hygiene were mentioned back then:
Then on the 30th June 2013 when the Options expired for the second time, it still wasn't worthy of exercising...In fact OBJ/WFL's price on 01/07/2013 was exactly 1 cent...the same asking price as the Option that was issued 3.5 years earlier in 2009:
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