ATU 0.00% 0.5¢ atrum coal limited

Ann: Initial Director's Interest Notice, page-6

  1. 11,074 Posts.
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    What are you talking about Tarzan? "Mr Burton (and associated parties) hold 5,000,000 shares in Atrum. In addition, the Company has agreed to seek shareholder approval for the issue to Mr Burton of 3,000,000 options to subscribe for shares in the Company exercisable at 70 cents each within four years of the date of issue. These options will be conditional upon Mr Burton remaining a director of the Company for at least 12 months."

    The freebie options are a totally different matter to the shares. I'm surprised nobody has corrected your post yet.

    Bought some more today on the dip.
 
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