EMR 0.50% $4.04 emerald resources nl

Ann: Section 708A Notice and Appendix 3B, page-2

  1. 25 Posts.
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    I am a fan of Mgmt team and the outlook for EMR, however 2.5m options at 2.5c doesn’t really inspire future outlook confidence in me. Sure, it’s less than 0.12% dilution, and only worth ~$120k at current $.


    Being that it is a “Employee Share Option” that is (or should be) designed to link company and share price performance to mgmt reward, surely at the start of 2020, we’d (hope to) be that far above 2.5c that options at 5c or 6c are still an excellent incentive. Otherwise, what are we striving for?

    Am I reading into this too much?
    Last edited by Danmac987: 03/11/17
 
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