KWR kingwest resources limited

Ann: Notification regarding unquoted securities - KWR, page-5

  1. 3,285 Posts.
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    "1.250m unquoted options issued under the employee incentive scheme. exercisable at 25c, expiry three years."

    1.2B options

    Is it normal to have so many options? Is there a rough/average percentage of how many options actually get exercised, generally speaking.
 
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