After having chased the proverbial goose from comsec to asx to registrars to sihayo office I was sent back to the asx which seem to have forgotten to consider Australia Day holiday when they fixed the last trading day of the options at the 24.01.2011.
Then on Friday realising their error changed it willy-nilly.
Incidentally the board of directors of Sihayo is meeting today in Jacarta and I got told that this issue is going to be discussed to see what action to take.
I sent the following email as suggested by the asx to
Sihayo Gold Options (SIHO) were to officially cease trading on the 24. 01. 2011. Without explanation the options were closed out at market close on Friday 21. 01. 2011.
During Friday trading over 8 million options came on offer for sale.
That is a very attractive package of a very promising Gold Explorer near term Producer for a large investor.
By unexpectedly closing the trading of the options we the option holders were deprived of the opportunity to sell.
This may have cost us a small fortune!
In the name of fairness and lost opportunity I implore you to compensate us by extending the expiry date of Sihayo Gold Options (SIHO).
Sincerely xxxxx
SIH Price at posting:
23.4¢ Sentiment: Buy Disclosure: Held