When I spoke to a director last year about exercising oppies, they said they tried to bundle them up (like a monthly run of oppy execution) because it costs around $3k to do the paper work and ASX fees to publish an announcement per lot. So yes, these are a waste of money for the co.
When I spoke to a director last year about exercising oppies,...
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Last
27.0¢ |
Change
-0.010(3.57%) |
Mkt cap ! $54.33M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 30.0¢ | 27.0¢ | $104.7K | 373.8K |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 35099 | 27.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 3500 | 1 |
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