NET 0.00% 0.3¢ netlinkz limited

Ann: Netlinkz secures $30.75m Funding, page-3

  1. 937 Posts.
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    the 3B just released shows 37,500,000 options exerciseable at 0.20 by 23 December 2022 - 3 years time!! Don't hold your breath on the SP doing anything any time soon.

    I recall comments being made before that ridiculous options are offered when it is hard to get the funding because of doubts around the sustainability of the company. Given the long list of 'good news' announcements this year they shouldn't have to make ridiculous offers - we are often told this is going to 'take off" so options should be reasonable.

    These options seem to indicate that 0.20 in 3 years time is reasonable based on their expectations about income/profitability. More development, more research, more marketing, more IoT labs, more commercialisation, more new directors, more partnerships and reseller agreements..........

    and then world domination ......... in 2022
 
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