HZR hazer group limited

Ann: Expiry of Unlisted Options, page-11

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    GP is the only ex-director in the Top 20 (annual report). It's quite doubtful the others hold any after Mac Equity left the scene. They might want to convert options after a strong ANN on the CDP or a deal with MIN.

    I imagine that, unlike the big selloff when GP resigned, or the mass dumping of Series E options, the worst they could do is convert all of their 8.2 million Series B options at 40c each (GP alone has 3 million) for a smallish profit in the 40s. That feels too counterintuitive given all the potential.
 
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