so $US 7,181,000 to exercise the vested options (as per Annual Report) on 30 September 2021. This exceeds the value of his Shares so will need to be quick on his feet. No wonder the shooters have been on this play and PVDM via LDA selling at same time
Just depends whether it is US or Aussie time but at an exercise price of $US0.172 a lot of profit to let them lapse
In any event. as a LTH, this will all wash through as price pressure then pffft the price pressure disappears
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2021 BRN Discussion, page-24512
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Having said that please feel free to ignore me if you think I'm a shorter. Aftet a while you'll end up with like minded individuals in a merry bubble. See how that goes for you.
Good luck.
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