You are right about the options, dead in the water. The...

You are right about the options, dead in the water. The disappointing thing about the situation for me is that the bonus shares were gloated by some to be the company looking after share holders. Go figure if the momentum continued from the 2.5c mark recently and made it to 4c then the options would be in the money and yes the shareholders would have been looked after. No such luck!
The only ones looked after see's history repeating itself where the institutional investors come out trumps and the share registry is spared the dilution.