I haven't look into it. but my guess is when options are issued to directors & whoever, they have a market price, which results in the issue being taxable income to the recipient. the recipient is often deemed to have received the options are their market value. so the $1M is possibly to compensate the recipients of the options for income tax they may have had to pay upon deemed 'income' that was never actually received.
Cancel 800m options, page-4
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LEG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.2¢ |
Change
0.001(9.09%) |
Mkt cap ! $34.91M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.1¢ | $29.00K | 2.392M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1075921 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 226004 | 1 |
View Market Depth
| Last trade - 15.57pm 23/08/2024 (20 minute delay) ? |
| LEG (ASX) Chart |