I would agree with you... IF people were dumping into the 0.001 line stack of E2E0.
If you were to compare MV of both options, the fact E2E0 is still worth 0.001, then the new options should actually be worth 0.005 more (based just on Ex Price and not factoring time value of money). This obviously all goes out the window if you can't sell the E2E0 at 0.001 - but as you can see, that's still possible.
Company Changing Announcement, page-18
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Change
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Mkt cap ! $7.284M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 333784 | 1 |
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