My understanding is that "performamce rights" can be converted at anytime. There is no consideration to be paid. Seems the only real justification is lasting the distance, and getting an "intrim" GMP certification, so why now? Still no deposit, still no actual revenue only speculation about revenue expectations, assuming everything falls into place. Makes you wonder in who's interest the directors are really working in. Its always been one of my reservations about this company.
The only positive I can see is that there must be some good news coming up for the management and staff to sell into. Would not be surprised to see another CR in the near future and a share consolidation after June 2019.
Ann: Appendix 3Y - Change of Director's Interest Notice x 3, page-28
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