PAA 8.57% 19.0¢ pharmaust limited

Ann: Notification of expiry of quoted options, page-44

  1. 520 Posts.
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    Come on @gavros what do you expect them to tell you, "we are having coffee & cake talking about the football, rugby and voice referendum while we wait for results from Lieden or whomever". I doubt there hasn't been a director alive who hasn't talked things up when phoned by SH's. Keeps the mushrooms happy and gets them of their back.

    IMO the BOD don't care about the soon to expire options. Less SOI thereby increasing the value of the performance bonus shares they will want if things do turn out favourably for PAA. I think Dr T has stated that dilution is his last funding option.

    Things will get done on PAA time whenwver that will be. Haven't hit a timeline in my 8 years as a SH so I doubt they ever will.

    All IM sarcastic O of corse.
 
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