UMC 0.00% $1.30 united minerals corporation nl

payment for out of money options, page-17

  1. 13,179 Posts.
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    Oh yes those OUT OF THE MONEY OPTIONS.

    On top of the list is the $1.75.

    Craig was paid out $126,700 for his $1.75 OUT OF THE MONEY OPTIONS.

    He only owned 30,000 shares, so was effectively paid $5.52 per share.

    He voted YES to the BHP takeover, and why wouldn't he.
 
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