PKD 0.00% 2.7¢ parkd ltd

Ann: Notice of General Meeting/Proxy Form, page-4

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    The stock price would have to almost quadruple before those options were exercised.
    I wouldn't be complaining about a 4-bagger over the next 3 years!
    In that event, the directors will have to stump up a million dollars each - money which likely would come in very handy. I don't think that's any worse than having to have a potentially dilutive discounted rights issue.
 
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