Yeah it's comical. It adds no value as everyone gets the options. It's no different from a share split or a consolidation. The more options they issue pro-rata, the less the shares are worth. Purely illusory and complicates the register and balance sheet. A company might issue options if it needs to raise money at a point in time but they don't. They are paying out 90%+ by way of dividend. This company has too many problems and now a Board that is trying to be fancy.
Yeah it's comical. It adds no value as everyone gets the...
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Last
$10.43 |
Change
-0.010(0.10%) |
Mkt cap ! $1.865B | |||
| Open | High | Low | Value | Volume |
| $10.44 | $10.55 | $10.35 | $13.04M | 1.246M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 6178 | $10.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.45 | 42461 | 4 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| MFG (ASX) Chart |