I don't think Dr Hinch was overly keen on those prices for the options and wanted to get the price down...which seems to have been achieved.
The last cr offer document page 26 4:2 item [G] from the 18 June this year shows that Dr Hinch was not happy with the pricing.
I'm not sure if the price of the first 5 million has been negotiated down to .035 from .05 but it would seem she has gotten her way to some extent.
I do like that they are not freebies.
I do believe she is paid very well for a company that has no income as yet and a pretty small MC also. Well north of 400K all up.
I'm always wary of the snout in trough before delivery of the product.
They are progressing the company though and that's the main concern for me.
Ann: Notice of Annual General Meeting/Proxy Form, page-13
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