hi all,
RE the MSTO options
i am a substantial holder of the MSTOs - i asked Dwyer at this year's AGM what if any plans they had for them, since they were (are) so clearly out of the money
Dwyer said at the time they were about to approach ASIC to seek to have them extended - which i might add ASIC never normally allows/grants - nonetheless Dwyer and the crew were (are?) positively seeing what could/can be done, so that holders don't get totally dudded
the idea of allowing existing holders to renew the options for a marginal fee per option is the first news i have heard on the issue - i hope it eventuates as it makes good sense
anyway, as an existing holder of MSTO i have received no formal news to date from the company about what, if anything, is going to happen with MSTO - hopefully they won't be allowed to simply expire...
good luck
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