Close enough, I just did the same calcs. This is what I have. Firstly in US normal options are taxed when the option is exercised at the difference between the option price and the market value, so this is what get (assuming 15c market price)
(Rounded for easy calc)
7,380,000 @ 5c = 383760
+ Tax @ 37% = 273060
Total Cost = 656820
Mrkt Val = 1107000
Net $450,180
To pay for the T+C he would have to sell 4,378,800 @ 15c = $656,820
He sold 6,610,053 giving a net 2,231,253 sold more than needed to meet the cost, or @.15 = $334,688 cash, converted to $US = $US 217,547
He kept 76,9947 shares and added that to his holding to have a increased position at 8,000,000 shares
So his transactions generated $217,547 in cash and 77k odd extra shares. Given he gets 15% of the sale bonus pool, that probably goes some way to explain the decisions.
- Forums
- ASX - By Stock
- 4DS
- Ann: Appendix 3Y - Guido Arnout
Ann: Appendix 3Y - Guido Arnout, page-90
-
- There are more pages in this discussion • 141 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add 4DS (ASX) to my watchlist
|
|||||
Last
7.4¢ |
Change
-0.002(2.63%) |
Mkt cap ! $130.4M |
Open | High | Low | Value | Volume |
7.7¢ | 7.7¢ | 7.4¢ | $281.5K | 3.744M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 588634 | 7.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.8¢ | 343332 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 588634 | 0.074 |
10 | 1727146 | 0.073 |
6 | 821888 | 0.072 |
3 | 457042 | 0.071 |
12 | 1074616 | 0.070 |
Price($) | Vol. | No. |
---|---|---|
0.078 | 343332 | 3 |
0.079 | 725989 | 1 |
0.080 | 410187 | 4 |
0.081 | 111000 | 2 |
0.082 | 17756 | 2 |
Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
Featured News
4DS (ASX) Chart |