This company has been in suspension for almost a year now, with a minimal few weeks trading post consolidation.
ROBO holders have been left for the wolves, not only on 40-1 consolidation but also expiry date. With the company in suspension for so long it gives little time for these now MRFO to get in the money.
I actually asked MRF by phone if there had been any discussions about extending the expiry dates and I was told there had been none. Basically implied that its bad luck and the risk you take by holding options. I agree that holding options are risky, but I find it hard to stomach that I am in the red due to these company induced circumstances
To make things worse they hand out free options in the capital raising at a 20c exercise price. It's a real slap in the face and makes my blood boil.
MRF Price at posting:
9.5¢ Sentiment: Hold Disclosure: Held
