@sinnikel You may well be right and I get your sentiment,...

@sinnikel
You may well be right and I get your sentiment, however I personally refuse to accept our management will just allow these 2 c oppies to lapse without some sort of rearguard activity.
‘‘This could be a massive milestone for Melbana previously MEO, the first time in 10 years options strike price were excersizeable at or below current market SP. it gives off a massive statement for our future as Melbana if we could achieve that IMO.. and it would bring investor confidence.
I myself would far rather give the company money for our portfolio building and new corporate plans at 2c than give it to a trader who will be bailing at 2 cents , having bought at Likely 1.5.1.8...
I assume most of us think the same, of course we are not going to wish to lose money which is why the SP must be on a positive uptrend at 2c ++ and that can only happen with rapid fire positive news and progress..
Its going to be a very interesting August and I agree liklyhood of oppies not reaching strike price in the month is high but I still hold some hope..
I would say at this time, 25%-30% chance of a positive Oppie take up at Month end...
Also 100% agree Purcells oppies @ 2.2 in Jan are totally in the bag..