A40 0.00% 8.2¢ alita resources limited

@kropka, I completely agree that the incentivisation reeks while...

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    @kropka, I completely agree that the incentivisation reeks while we watch our holdings dwindle in value at the moment.
    However, it is basically a done deal - like (nearly) all rem. reports and incentive programs put to a shareholder vote, it will be easily passed by insto holders, irrespective of how retail feels.
    So, with that in mind, let's look forwards into the new FY.
    MC is about to get a gang of new share options after the EGM, and it will be even more if the SP slips further over the next week. I think we can safely anticipate this to occur, testing new lows, maximising the incentivisation gift.
    So far, so grim.
    But next weekend, Trump and Xi are due to meet and will, most likely, start to come to an agreement. The FY will end and, with it, CGT loss-crystallising.
    And, most importantly for A40 holders, the clock will start ticking for the performance period for Calderwood's options, ending 30 June 2021.
    My money says that a rash of announcements come in the second half of 2019.
 
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