Ann: AnteoTech $3.5m Placement, launch of $5m Entitlement Offer, page-114

  1. 6,557 Posts.
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    Don't know what all the fuss is about.

    Probabilitywise, the most likely single definable event that ADO faces is that the SP will never rise above (say) 4 to 5 cents, in which case all the (non)performance boni that David is awarded will be virtually worthless.

    However, if it ever does rise above 5 cents, it will very likely be in a position to explode from there and fulfill the dreams behind the 'multibagger' thread that continues to dominate this forum. In that case I don't care how many options he gets or at what strike price, because I and most others will be laughing all the way to the bank, dilution or no dilution.

    [dilutionwise, David's 'performance' options form a tiny % of our SOI. If we do get to multibag from here, I hope he gets rich, not for him, (I think he is rather arrogant) but because the genuine non risk averse investors in the company will do well. Unfortunately, all the moaners and blame shifters also will.]
 
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