I would agree that the options are now gone, but notwithstanding both that, and the massive overhang represented by Holton and Wilkins "performance" shares, and their apparent desire to unload them, I retain a positive medium term view about the prospects of the company in FY 2021 under the current management team led by Gerard Dyson.
By FY 2021, it seems reasonable to expect that the expanded sales team will be maturing and moving into top gear, and providing GD with some positive milestones to tick off at the AGM. Unfortunately, even with my rosiest coloured glasses I cannot see the 20 cent options getting into the black by the end of the calendar year.
zeno9
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