But he hasn't reduced his stake in the company, he still holds exactly the same number of shares in the company as he did prior to this. Options do not give you a stake in the company. Options do not give you voting rights. Options can expire and be worth nothing.
He has injected $232,000 into the company by exercising CROO options, something he technically does not have to do until closer to their expiry in July 2023. He has also shifted 11,076,000 shares from Rare Air to his personal holding by selling the shares in Rare Air, exercising the options under his name and purchasing 4,630,000 shares on and off market. This is why there is no net movement in the number of shares held.
The guy has over 300 million shares in CRO. If he can shuffle a few things around, exercise some options (and inject money into the company by doing so), and also put $260k into his own pocket while STILL holding over 300 million shares, then why not!?
- Forums
- ASX - By Stock
- Ann: Change of Director's Interest Notice
But he hasn't reduced his stake in the company, he still holds...
-
- There are more pages in this discussion • 61 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SPX (ASX) to my watchlist
|
|||||
Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $38.92M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.9¢ | $6.44K | 715.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 4388178 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 150903 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 4388178 | 0.008 |
14 | 11893083 | 0.007 |
22 | 11234131 | 0.006 |
9 | 8750000 | 0.005 |
5 | 12025000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 150903 | 1 |
0.010 | 5477277 | 14 |
0.011 | 4997750 | 7 |
0.012 | 5282829 | 9 |
0.013 | 801363 | 5 |
Last trade - 10.36am 24/07/2024 (20 minute delay) ? |
Featured News
SPX (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
Previous Video
Next Video
SPONSORED BY The Market Online