I agree with your sentiment, but suspect we may have to wait a bit longer for positive action.
Whilst Jeff's options have been approved, I don't believe the exercise price and expiry date have been established yet and nor have the options been issued.
From ASX announcement on 26/7/18
https://www.asx.com.au/asxpdf/20180726/pdf/43wst695nyhjfh.pdf
Section 5.1 (c)
The Company will issue the Director Options to Mr Lai (or his nominee) no later than 1 month after the date of this Meeting (or such later date to the extent permitted by any ASX waiver or modification of the Listing Rules)
Then 5.1 (e)
The Director Options have an exercise price of 135% of the volume weighted average closing price of the Shares calculated over the last 5 days the Shares were traded prior to the date of issue and expire two years from the date of issue. The complete terms of the Director Options are set out in Schedule 1.
The AGM was 29/8/18 so they have up to one month from that date to establish an exercise price (assuming no waiver conditions).
Since the AGM the lower the SP the better for Jeff's exercise price.
Hopefully the waiting will soon be over.
