KAU 0.00% 14.0¢ kaiser reef limited

Ann: Change of Director's Interest Notice x 2, page-2

  1. 9,261 Posts.
    lightbulb Created with Sketch. 511
    MD Jonathan Downes' 2million unlisted Jan. 31 40c options lapsed, out of the money.

    the 40c exercise price for these unlisted oppies issued i would guess in 2021 shows the high hopes held for company fortunes not so long ago.

    reality intervened.

    IF the options were in the money and IF Downes converted them all, KAU cash would have jumped A$800k, by any measure a tidy sum for a junior miner. This wasn't snout and trough stuff.

    many companies set senior executive oppies exercise price at ridiculously low levels - snout trough at shareholders expense.
 
watchlist Created with Sketch. Add KAU (ASX) to my watchlist
(20min delay)
Last
14.0¢
Change
0.000(0.00%)
Mkt cap ! $23.94M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
3 113254 13.5¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 165457 2
View Market Depth
Last trade - 16.12pm 14/06/2024 (20 minute delay) ?
KAU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.