SYB symbion health limited

buyback lines the pockets

  1. 263 Posts.
    49 million executive option of which I do not know what the “paid up” value is but for argument sake lets say they are full paid and rank equally to the normal share
    764.8 million shares + 49million
    in effect if the full 180 million shares are bought back than these options go from 6.03% of the total issued shares to 7.75% of the total issued share an increase for executives of 28.4% in proportion of shares held .
    Plus there is the increase in the actual market value of the share.
    And this is not taking into account exercise price of the option.
    It is well and truly in the best interest of these executive option holders to have this buyback go through.
    I object to “share buybacks” while ever options can still be exercised.
 
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