There are two events happening not at the same time, share split(2017) and IPO(2020).
1 share to 50 shares split is not sale of business so the options Sheehy hold are not exercisable, he only has 453,273 options not shares.
If IPO is a sale of business, he is entitled to exercise his 453,273 options and one option is one share. Why he asked for 22m shares? If IPO is not a sale of business event, he shouldn't even entitle to have 453,273 shares
There are two events happening not at the same time, share...
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Last
$2.42 |
Change
0.080(3.42%) |
Mkt cap ! $782.9M | |||
| Open | High | Low | Value | Volume |
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| Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
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Last
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Change
0.080 ( 5.46 %) |
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| Last updated 15.59pm 13/05/2024 ? | |||||
| NXL (ASX) Chart |