CJ The options listed as EPTO have the expiry date of May 2017...

CJ

The options listed as EPTO have the expiry date of May 2017 and the exercise price of 0.078. So NABTrade is correct.

The options you are looking at are those issued to directors as incentives and part of their remuneration. This was voted for at the recent AGM.

They are not listed on the ASX and not tradable for joe public.

The question is do you believe the options will be 'in the money' by May 2017. With an exercise of around 8c then the current share price has to double. Many here think that this will happen, but of course who can predict the future ?

One thing I will say is that if they do get to that level and beyond then it does provide an excellent leverage and potential way to get shares. However option trading is not for the faint hearted, the swings can be brutal and I have certainly lost with options in the past. Be cautious and DYOR.

Best wishes DW.

Disclosure - I own EPTO and EPT.