Share
533 Posts.
lightbulb Created with Sketch. 17
clock Created with Sketch.
26/07/19
13:17
Share
Originally posted by gerling:
↑
And those options will VEST for the execs. From memory it was 2.8c was the hurdle (which they will clearly hit this year). I wasn't thrilled when the expiry date for these was reset (ie. another few years to hit it) - but I suppose on the upside - the higher the shareholding of mgmt the higher the alignment with shareholders. Interesting that the run up in the APN share price happened long before this announcement on 24/07 (beating guidance). I guess that market is fully efficient? But seems a co-incidence. So no SP action on the upgrade.
Expand
Agreed it is very odd. If you take a look at the charts there isn't much movements until a month before the announcement... interesting