Less than 15% of oppies are ever exercised.Oppies are good for...

Less than 15% of oppies are ever exercised.

Oppies are good for providing leverage if you intend to trade.

In this case you had these factors going against you..

1) Sovereign Risk
2) Incorrect Info in Co. Reports
3) Fading Commodities Boom.
4) Bloated Sovereign Debt Issues.
5) Prevailing Coal Market Conditions
LINK>> What Experts say about state of Coal Market
6) Heavy reliance on debt and short life mines.
7) Low Margins (coal quality)
8) Confusing Corporate / Ownership structure
9) Missed deadlines and delays
10) Massive dilutionary events.


There are others that I can't and won't mention due to posting guidelines.

Does the expression "back up the truck" trigger any memories?

Nobody forced you to buy, but they DID give you all the reasons why you would be foolish not to.