The yellow highlighted means no cost for the performance rights, but if you want to convert there is a cash component, in this case it was 3.6 cents as stated., hence $620k he paid to convert
The new perform shares JA holds are 10 cents performance shares, meaning he gets the initial performance shares for free, but if he decides to convert, he must pay 10 cents per share to convert .
if not they lapse
Ann: Change of Director's Interest Notice, page-7
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Mkt cap ! $16.30M | |||
| Open | High | Low | Value | Volume |
| 2.5¢ | 2.6¢ | 2.5¢ | $8.732K | 335.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 1320921 | 2.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 2.6¢ | 10535 | 1 |
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