The intent when options are issued is for the holder to have an option to purchase a share at a fixed
price at a given date. It is given listed status so a holder can pass the option on to any other party if they decide to depart the register. Value if any is determined by the value of the company's share price. The
company has no obligation to option holders ,they are not a shareholder.
With these basic principles in mind those who buy options with the thought of making a profit on a sale
before expiry are running the risk you face when the expiry date looms.
"lets keep hope alive" sounds like a despairing punter not an ASX investor.
The only solution to your predicament of course is to convert your options to shares and in time you
will find your in the green with HZR and won't look back
If expiry date was the end of this month 31/07/18. HZRO todays buy 1cent sell 2cents
I have 200,000 options and paid 20cents best price I'd get 2cents if sold loss $36,000
I raise $60,000 and convert the oppys , when you think about it it has only cost me $24,000
The SP could be a$1 at xmas, in turn 70 cents for HZRO , your saved if you can not convert,
but next year you'll have the 'what if blues' as the HZR share price climbs out of most retail holders reach.
HZR Price at posting:
23.5¢ Sentiment: Buy Disclosure: Held
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