1. Per my question on the Race Investors Hub (can we refer to it as RIH going forward?), as Race is doing a BB they have surplus funds and so in no need of the oppies conversion funds. So IMO this means the oppies will convert cashless (i.e., no outlay for conversion). This may be the same for other employees and also for Dr.T other options expiring in 2025 (hopefully we will all be happily retired by then!)
2. Dr.T can use his personal funds to buy on market before 25/11 or after with no regard to the SP as long as he believes in the LT potential of the company.
Dr.T is one of the savviest investors I have come across, so he definitely sees/ evaluates investment opportunities across ASX but may also do so globally. So if he thinks his dollars are best invested here I am happy as a LTSH. Note that since he can convert his oppies cashless, he could be sitting on his cash watching macro economic events unfold and guess that the SP may fall in the ST. However if he is willing to talk with his dollars I say let the dollars speak for themselves!
Ann: Appendix 3Y - Dr Daniel Tillett, page-28
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Last
$1.45 |
Change
0.030(2.11%) |
Mkt cap ! $246.3M | |||
| Open | High | Low | Value | Volume |
| $1.43 | $1.45 | $1.40 | $163.8K | 115.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $1.44 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.45 | 31396 | 1 |
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