FAR 1.02% 48.5¢ far limited

Ann: PETRONAS joins FAR to drill offshore The Gambia, page-121

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  1. 2,079 Posts.
    lightbulb Created with Sketch. 906
    It's 68M free options if the SP triggers 10c, every pip above this is free money (for FAR mgmt).
    (Actually I hope they are also buying at 7.7c too)

    From last year's annual report.
    22. SHARE-BASED PAYMENTS (a) Employee share option plan The shareholders of the Company approved an Executive Incentive Plan at the annual general meeting held on 15 May 2015, prior to then the Company did not have a formal share-based compensation scheme and granted options at the discretion of the board. In accordance with the provisions of the approved plan, the board at its discretion may grant options to any full-time or permanent part-time employee or officer, or director of the Company to purchase parcels of ordinary shares. All options issued to directors are granted in accordance with a resolution of shareholders. Each employee option converts into one ordinary share of FAR Ltd on exercise. No amounts are paid or payable by the recipient on receipt of the option. The options neither carry rights to dividends nor voting rights. Options may be exercised at the applicable exercise price from the date of vesting to the date of expiry.
 
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Last
48.5¢
Change
-0.005(1.02%)
Mkt cap ! $44.81M
Open High Low Value Volume
49.0¢ 49.0¢ 48.5¢ $30.20K 61.65K

Buyers (Bids)

No. Vol. Price($)
1 18945 48.5¢
 

Sellers (Offers)

Price($) Vol. No.
49.0¢ 6324 1
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Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
FAR (ASX) Chart
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