Those options were converted to 4c ordinary shares mikey - why didn't you sell ? You only have yourself to blame . Many here think that the stock isn't a high risk play and you are 'owed' easy returns. If you don't have an exit strategy , such as a stop loss , or choose not to average down and share price goes down and you're not happy well you can only blame yourself.
Management can't be judged over 1 month , 6 month or even 2 year share price performance - any business takes a good few solid years to prove itself and start generating operating surpluses - particularly penny stocks.
As for the value of the value of the options , a share price of 4c can come around very quickly with these high risk plays . At the same time , nothing may eventuate until post May 2015 but given the drilling programme for 2014, if all goes to plan , could be a very nice return and I'm putting my money in and averaging down where I can.
By the way , the release of options is hardly new news as this was announced months ago and issued free for those that participated in the 2.5c cap raise . Nice extra upside if we clear 4c over the coming 6 - 12 months.
DYOR
GEV Price at posting:
2.3¢ Sentiment: Buy Disclosure: Held
