Factor this. You blame management for not giving a rats tail about option holders but just think what they had to do to keep you happy. Assuming a price of about 3.5 c they had to treble the share price before an option holder could make money and this in a couple of months. They had to do on the basis of one contributing asset FP1 which they were not operator of. What did you expect them to do .?Fully fund and drill FP2 in order to prove the larger gas formation that is alluded to possibly exist.This is the only way I can think of trebling the price in a couple of months. Despite warning about the perils of these options a couple of months ago I too got caught up in the shareholder hype and bought a few oppies. Unlike you though I reckon the blame lies with a very badly thought out investment decision and not with a company who cannot manage to treble their share price in a few months.
VIL Price at posting:
2.8¢ Sentiment: Buy Disclosure: Held
