Some of you guys must have had a real sh1thouse Christmas if you think that the 'Options Santa' is simply going to come along and wave a wand and your options expiry on 30 June 2008 gets extended.
Total dreamworld.
Those quotes from the Chairman are from the same Chairman who has run this company as his own fiefdom and ignored the (mostly) NZ based sh'ers. This is why no-one is prepared to recognise the full value of his shares as they have NEVER given anything to their sh'ers. Very few NZ brokers even cover NZOG, mostly for these sorts of reasons.
I think the company is very undervalued, but dreamy "oh let's change the options expiry because we are not in the money" is fantasy. Take yourself down to the casino and put it on black or red..............
PPP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
