Pretty much. They don't vest for a year so they can't exercise them until then. They aren't in any way related to personal or company performance so for all intents and purposes it's a "gift" from the shareholders to them. It's a great way for the company to reward employees without having to put their hands in their own pockets - the shareholders do it for them via further dilution.
Mind you, the shareholders all voted for it at the AGM so it must be okay with them...
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4.7¢ |
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Mkt cap ! $21.38M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
---|---|---|
4.6¢ | 57456 | 1 |
View Market Depth
No. | Vol. | Price($) |
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2 | 281689 | 0.044 |
1 | 85168 | 0.043 |
1 | 50000 | 0.042 |
2 | 313888 | 0.040 |
3 | 250000 | 0.039 |
Price($) | Vol. | No. |
---|---|---|
0.046 | 57456 | 1 |
0.047 | 142144 | 2 |
0.048 | 61184 | 1 |
0.050 | 220000 | 1 |
0.059 | 95632 | 2 |
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