At this stage I will be letting mine lapse for a couple of...

At this stage I will be letting mine lapse for a couple of reasons,

1. $60,000 is more than I can afford (I'm just a lowly 20 something yr old graduate)
2. If I could manage to put $60,000 together I wouldn’t risk it all on one company.
3. Why would I convert for 10c when I can buy for less.
4. I am growing more and more concerned with management and their ability to act in the best interest of shareholders.

I took a punt on a promising company. Unfortunately they didn't come through on time. That's life. The SP should rise eventually.

Although, if the SP makes a sudden run north, I might have to reconsider.