Not sure if you finished punching yourself but here is the snapshot from 2020 AGM explanatory notes which is intended to facilitate shares to employee with exercise price of nil or minimum. not sure if ASX course also teach how to create cashless exercise facility to company management... ! see below abstract
another one from the same report:
Now, tell me when "dead people piling up on the street of New York" due to Covid the company busy adding clause in AGM to give cashless DESOP ... that is very rich of the company creating shareholder value... IMO... !
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- Ann: App 2A - Application for Quotation on Exercise of Options
Ann: App 2A - Application for Quotation on Exercise of Options, page-27
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