Get it right guys....
"All of the options have an exercise price 30 per cent above the trading price on the day that shareholders approve the package, and will expire in mid-2015."
So it could be 30% above a price higher or lower than todays price depending when shareholders approve them.
I would think its in the directors interest for the SP to stay around this level when the approval comes through.
options and fee pool, page-5
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