TMT 0.00% 26.0¢ technology metals australia limited

Ann: Excellent Preliminary Metallurgical Testwork at **anintha, page-12

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  1. 7,328 Posts.
    lightbulb Created with Sketch. 870
    Hi gonewest, welcome aboard ..i am quite comfortable with those options.
    The owner of the option will have to pay the company 25c per share to exercise their option turning it into a share.
    So this brings money in for the dilution, and also incentivives the holder to get the sp above that of the option strike price so they buy at a then discount...hence performance related.
    They can of coursepay the 25c even if the sp is lower. ...but this is very unlikely.
    Or the sp stays here , option expires no dilution.
    Unlike avls performance related shares our are tied to an improving share price, so benefit all holders.
    Whilst theirs are tied to a non core asset so only benefit management ...much to the chagrin of holders there.
    Hope ive alleviated your concerns.
    Not an expert and please dyor.
    Cheers tc
 
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