Ann: Renounceable Rights Issue, page-6

I know it is little consolation as an option holder but you could see the mismanagement by OEX as saving your money. In my case I may have lost a few tens of thousands on options but what if I wrote out a check to OEX in the six figure range to convert them all and the share price fell the way it has. That would be an even worse situation to be in so playing the options can be seen as a positive when dealing with management that continue to promise all is well when the share price tells otherwise.