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89.5¢ apn property group

Agreed it is very odd. If you take a look at the charts there...

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Csnody

532 Posts.

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26/07/19

13:17

Post #: 39709215
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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.

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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

APD Price at posting: 51.8¢ Sentiment: Buy Disclosure: Held
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