I consider esio games will be played so long as there is talk of ( long loyal and or sophisticated ) share holder invoked resolution ( AGM) to re-issue / extend etc esio.
Such a resolution needs to be put in place from such a demographic perspective, in the case of esio not being in the money late Nov ( AGM ), as EGM's are so flaming expensive . I wonder if this was considered by N.Y. re the timing of his 11th hr letter ?
I am sure this post will divide h.c. readers into 2 main groups. Those who consider esio extension is a good thing for esi and themselves, and those who consider it is bad for esi and themselves.
Personally I consider the company owes it to the ssh's and placement risk takers whom have kept the company afloat and whom have held,,, in spite of funding / milestone assurances and excuses referred to in ASX announcements . Namely TINCOM , and IMF(A) / Monash ''pledges'' and all subsequent failures to deliver within forecast timelines etc.
SO,,,, in light of any perceived extension / re-issue scenario / hypothetical , is it any wonder the options games are perhaps being reflected 'unseasonal' volume ,,, as heads holders hold on tight in anticipation of DPI based information ,,, imho.
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