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Where did Tran go?, page-60

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Fatman8

6,849 Posts.

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16/02/20

18:08

Post #: 42962129
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Originally posted by Hunterr: ↑

As bad as every holder does not like anybody getting shares
These are options for the workers and if passed they have to PAY FOR THEM which means EN1 revives the money it’s a good thing it’s like a CR without actually doing it.
That should give confidence in holders that they believe this is going places.
Or else why bother they won’t purchase none if share price is low so I’m confident that it will fly eventually.
Now I believe if these workers have to pay as they are options so should the directors and scrap the performance bases.
After all they should have the drive because they already hold a nice partial and it’s their job.
Anyway
The timing of this is strategic as they know what’s in the pipeline WE DO NOT so they need to do this now because if they don’t and they released what ever they have or is coming they may not have the opportunity again.

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One thing to issue the options another thing for them to actually buy them. With whats being dumped why would they pay a premium. It's just a carrot dangle so Ted gets his 50 million shares.

EN1 Price at posting: 1.8¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

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