'And the "Devil's Advocate" says that the share price, (and also the options) will be left to fend for themselves, given any unexercised options have been underwritten....
Company can not lose....with underwritten options....'
Quite so, Insider, but I prefer to think of the company and its shareholders as being one and the same, it shouldn't be Them v. Us.
In other words, should the BoD make no effort to bolster LOMOA holders' spirits prior to expiry I will be one very unhappy camper - ESPECIALLY, given the incentives fiasco; we are due something back, I want to see some effort, every bit as much as if the options weren't underwritten.
B22.
P.S. Looking forward to that drink.
