CXO 10.0% 11.0¢ core lithium ltd

Ann: Issue of Shares on Exercise of Options, page-5

  1. 2,979 Posts.
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    So now I get 474m shares all up including those issued/to be issued to Yahua. @ 5c = MC of $23.7m.

    Funny situation. Directors not taking up options @ 5c but Yahua buying shares @ 6c.

    Directors not taking up options is not great, SB would have to fork out $105k and this others $50k. Thats not small change considering what they are paid. But if you were super confident and a director would you borrow the money? Not sure, it's a big risk.
 
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