KRR 0.00% 1.3¢ king river resources limited

Ann: Bonus Options Issue, page-12

  1. 5,776 Posts.
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    It would seem that Management have given the opportunity for those who exercise their current options before June 30 to
    then be eligible to get these new bonus options .
    I would think that is the reason why they extended the period to July .
    Management have always considered shareholders interests in previous issues and this announcement today is further evidence of
    this .

    .
    I appreciate the fact that they do reward shareholders. Plenty of stocks on the ASX do not show the same consideration.

    Those who currently own 300,000 KRC shares will now be given 100,000 free options. In 2 years time you can either exercise them
    or decide to sell them as KRC's share price rises hopefully to the levels we beleive they can.
    This bonus option could be worth quite a bit of money one day.
    Tony Barton has always made the right choices when raising money and he has always taken shareholders into consideration.
    I stress this point because as shareholders we should be first and foremost looked after.
 
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