Quote Originally Posted by JBmurc View Post
Just spoken with RLE MD again sounds like they have been trying to get the OA's extented but the ASX has been non-responsive on the matter
another plan RLE are looking at is letting OA holder convert into OB's at a discounted rate (I'm hoping 2:1)

Hopefully we will find out soon enough.. sounds like Gas reserves won't be till later April after OA ex.date
Well currently comparative price of OAs to OBs is near 8:1. If 2:1 was a sniff you're looking at a 400% gain. If you've got nil risk aversion because of the money tree in the back yard then it might be worth a gamble...

Definitely not advice worth acting upon so do not do it (unless you do have said money tree)