They are Incentive options in the Company issued to the Directors on 2/12/19. The shares can be purchased by the Director for 20.5cents. These options expire on 30/11/22. At the moment they are out of the money (current share price is 12 cents) as are the other Options due to expire 30/11/21 and 30/11/20. They are only worth anything if the share price is higher than the issued option price. Incentive options are just that. They are incentives for the Directors to work even harder to progress the Company. Incentive options are often used by smaller cash strapped companys to supplement salary. I'm not sure that it is necessary in a lot of cases. Its a perk of the Capitalist system, which in my opinion is in need of a complete overhaul! The crooked Banksters shouldve got jail time in 2008 GFC. Instead they got bailed out by us. When they got bailed out the first thing they did was pay everyone bonus'. Disgraceful. The elites know we wont bail them out again. The next crash will see your Bank account frozen. The legislation has already been passed. My advice, have some cash, gold, silver hidden away.
AZS Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held
