I agree - its probably to start the CGT clock ticking.
Exercising options "at" the money could be an indication that things are going well in the USA.
It could also be that there is a prospect of a dividend coming up (but I wouldn't have expected a div so soon).
Also they take no risk and don't part with any cash. Non-recourse loans are provided to them(I think).
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I agree - its probably to start the CGT clock ticking....
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