Well said, it will cost Rebecca exactly $1,432,000 to convert her options to fully-ordinary shares. My bet is Rebecca will need to spend $1,432,000 to convert shares that will probably be worth $16,000,000 to her conservatively if things work to how I think they will.
At an exercise price of .358c it is a gift which would normally be mind boggling to most until they do the homework on PTX.
Let it sink in for all that these options are a reward at .358c! What does that tell you about where the BOD & the management team see the share price heading very shortly?
Most employees would normally say 'Hmmmm, your giving me bonus options at a 30% premium to the current on market price rather than a concession?
But Rebecca is probably out to dinner tonight with her family celebrating and so she bloody well should be, so should 'Said Sebtl' & 'Terrance Chow' who were also awarded $1m options each. Hopefully the whole PTX team are out to dinner together at the companies expense because again, they bloody deserve it! Or maybe they will wait for the PTX-100 results to be announced to market before they head out together for a job well done?
The exercise price of todays performance issued shares was as much a message to the market as much as a thankyou and well done to a few of the team.
The BOD would never insult Rebecca with this exercise price of well above market price, if both they & Rebecca didn't already know a huge re-rate is guaranteed.
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4.2¢ |
Change
0.001(2.44%) |
Mkt cap ! $33.01M |
Open | High | Low | Value | Volume |
4.2¢ | 4.2¢ | 4.2¢ | $93 | 2.214K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 558821 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.2¢ | 148294 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 548821 | 0.041 |
13 | 1321500 | 0.040 |
2 | 210000 | 0.039 |
6 | 411315 | 0.038 |
2 | 109000 | 0.037 |
Price($) | Vol. | No. |
---|---|---|
0.042 | 148571 | 2 |
0.043 | 568217 | 2 |
0.044 | 120777 | 2 |
0.047 | 86129 | 3 |
0.048 | 12664 | 2 |
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