Good points and I agree that PNOO are well out of the money, but hopefully by expiry its much closer to the OBJ scenario.
It will need to be voted on, but their is precedence(OBJ) and remember last years rights issue had free attaching options for us regular holders too. So we would vote whats best for us. Personally i'd love an extension.
I'm mainly in heads for the reasons you give, ie the extra risk of PNOO expiring worthless. But I still have my free PNOO and a few that I purchased on market.
I will not bother selling them because they provide alot of leverage if some strong sales are announced before expiry. Also I strongly beleive they might get extended.
It will be an interesting March. The rollout will begin across stores, first sales, we might get some ads and positive PR. Lets hope its smooth sailing.
Good points and I agree that PNOO are well out of the money, but...
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