It's actually quite sad that people are trading derivatives without actually understanding how they work.
VILO was always an outside chance at very high odds. IMO great for a small punt.... but given the emotions expressed on this thread clearly much larger portfolio percentages have been bet.
I sold VILO pre ann (as it sat outside my risk tolerance) but who knows. The latest ANN suggests VILO may be in the money and I hope it is. For this to happen the company may,however need to to accelerate the FP program and that means a CR (which would not be significantly dilutive to the SP IF used for this purpose).
Only time will tell but punts such as VILO present some FUN to informed holders and a good ann. should be encouraging.
Cheers
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