Can someone tell me about the price of options? I see there are options exercisable in November 2023 at 1.9 cents. I thought the price of options goes up as time goes on, reflecting the higher share price of the company that is supposedly achievable within the time frame, and encourage directors to that end. With that in mind, I don't understand why options that were exercisable last week were at 4.6 cents, but those in two years are less than half that price.
Ann: Change of Director's Interest Notice (x5), page-2
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