AVM advance metals limited

BT obviously getting ready to exercise his 'in the money'...

  1. 11,384 Posts.
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    BT obviously getting ready to exercise his 'in the money' options which he would have to do whilst still an employee.
    He has 200,000 options at an exercise price of $C3.80 and 550,000 options at an exercise price of $C1.35 - so the total cost of exercising these options is $C1.5mil and he has realised proceeds of $C1.4mil from selling these 250,000 shares on market.
    Let's hope he'll be around for another six months but this might indicate he might be gone sooner than that.
    So I don't regard the selling of these shares a negative for the shareprice - just an unfortunate fact of life that BT will be leaving us in 1H2011
 
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(20min delay)
Last
4.7¢
Change
0.001(2.17%)
Mkt cap ! $12.45M
Open High Low Value Volume
4.5¢ 4.8¢ 4.5¢ $82.24K 1.732M

Buyers (Bids)

No. Vol. Price($)
1 1433 4.7¢
 

Sellers (Offers)

Price($) Vol. No.
4.8¢ 49949 1
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Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
AVM (ASX) Chart
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