I would have thought 50c minimum for the options, given the supposed 'potential' share price of several times current levels as spouted on by management. If they're that confident, why not show some faith and set the conversion price to a more realistic level. 25c is just a blatant show of greed and demonstrates little commitment to increasing the share price. I don't hold too many but I too will be voting against the options.
VPE Price at posting:
24.5¢ Sentiment: LT Buy Disclosure: Held