DYL 1.52% $1.34 deep yellow limited

That's right.Martin Kavanagh has more options than...

  1. 114 Posts.
    That's right.
    Martin Kavanagh has more options than shares:

    450,000 Ordinary Shares
    3,000,000 options at 21.1c exercisable before 31.12.08
    2,000,000 options at 31.1 c exercisable before 31.12.08
    5,000,000 options at 55.1 c exercisable before 30.11.09

    Hence, with 1:12 rights issue, he bought another 37,500 @ 0.50 = $18,750

    10 million options at a cost of $4m.
    Let's hope they're a good enough incentive.
 
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