anyone have an opinion on this. I have read the prospectus but can't find if these options will be tradeable on the exchange or not.
The previous options (8.5 million) are not tradeable. I assume they were to directors. I notice prentice and fry have (7 million between them )
Can't see anything in the near future that will get this company up to the 20c option target....(21.5c if you add in the option price).
With only 122 million shares total i wonder why Prentice and crew are going down this path...
could be a way of getting an easy million without diluting the company's shares. (my opinion only of course). maybe I'm just jaded and a negative person.
SEY Price at posting:
8.3¢ Sentiment: Hold Disclosure: Held