It means those BNL directors have the right to buy 22,000,000 shares at $0.012 before EOY ... subject to any further conditions they can then sell or hold as they see fit ...
On today's price they are therefore sitting on a paper profit of $0.034 per share or approx $750k all up.
Effect on general share price? Not a lot, there are 1,233,062,915 shares currently on issue..
BNL Price at posting:
3.5¢ Sentiment: Buy Disclosure: Held
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