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clock Created with Sketch. 23/12/19
23:01
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Originally posted by Wacko73:
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What I'm wondering is why they structured the options in this way? If she signs a commercial deal (lets pray for the next 3 months), and the share price goes above 25 cents, why not have the second tranche of options at 35 cents then the last lot at 45 cents? Plus I would have reversed the order of options. (1 million, 1 million and then 5 million if she delivers a commercial deal with the share price at 45 cents - Now that's an incentive). To me the current set up is a strange methodology, to have the second and third tranche at a lower price doesn't provide an incentive, it merely provides a reward for achieving the first goal. Are they thinking the share price will spike then drop?
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It would seem that Button is not confident that a commercial deal is possible soon or in fact at any time at all but is merely hoping against hope that it's share price might rise in the future for some reason or another.
