Hi @Hunterr
You don't seem to understand how options work.
The $4 25 exercise price options don't cost Dr T $4.25 each.
They cost him only 19c each. That price was fixed for remuneration purposes when the options were first awarded.
So Dr T is earning many more options each month than if he were to invest the same dollar amount in shares, even when the SP was 70c.
As for the benefit to RAC, if Dr T were ever to exercise the options, RAC would get $4.25 per option.
Whereas if he were to buy shares on market now, RAC would get nothing.
Hi @Hunterr You don't seem to understand how options...
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Last
$1.22 |
Change
0.030(2.52%) |
Mkt cap ! $202.7M | |||
| Open | High | Low | Value | Volume |
| $1.22 | $1.22 | $1.16 | $78.70K | 66.45K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $1.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.22 | 4561 | 1 |
View Market Depth
| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
$1.19 |
Change
0.030 ( 0.42 %) |
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| Open | High | Low | Volume | ||
| $1.19 | $1.22 | $1.16 | 11297 | ||
| Last updated 15.56pm 07/05/2024 ? | |||||
| RAC (ASX) Chart |