I don’t fully understand how options work, so I may have this wrong, but to me this looks like they got given the options for nothing, and have now paid about 75 cents for a heap of $2.24 shares. What heroes.
Ann: Develop Receives A$11.55m from Directors Exercising Options, page-4
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Last
$2.52 |
Change
-0.070(2.70%) |
Mkt cap ! $683.8M | |||
| Open | High | Low | Value | Volume |
| $2.55 | $2.56 | $2.49 | $1.559M | 619.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 300 | $2.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.53 | 8931 | 2 |
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