CFO backing NEA with big cash, page-6

First 6 Last

Share
Profile

Follow
vic_wattle

3,481 Posts.

99

18/04/15

05:51

Post #: 15110423
Share

Originally posted by Eccles10:2 ↑

Hi Kfann,

Thanks for your research and insightful comment on NEA.

Obviously managment has great confidence in the future. But I am still left wondering why these gents exercised now rather then kept their options open (if you'll pardon the pun!)

Do they just want to signal to the market their confidence in the company? Are they planning to resign in the near future, or worried about getting fired, and hence foreiting their options? Is NEA planning to restructure its incentive plans and so put the word out that options should be taken up now? Is there a lock-in period where they can't sell these shares, so they want to position themselves to be able to sell as soon as the US business is priced-in?

What do you think? I'm not an expert in all the conditions attached to these options, and so any other ideas about what might have caused this behaviour are very welcome.

Expand

Excellent first post on HC Eccles. Thanks.

Maybe another possible reason is the CEO and board would like him to relocate to the USA as the CEO has done. Maybe he is not keen to move, is cashing in his options now and is considering his next move. He is sitting on a gold mine now, why not resign, sit back and let the company make him rich. He should have no troubles finding another position given the success of NEA during his time. Just a thought.

NEA Price at posting: 56.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

Microcap Wrap: 5 explorers with news out today

CMX

ChemX Materials kicks off first stage works at WA high purity alumina pilot

RCE

Recce's R327 found effective against E.coli during clinical trial

AVA

Ava Risk Group expands US presence with A$0.7M Substation Deal

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

LRV

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

SVL

Silver Mines models five new calderas close to 396Moz Bowdens deposit

LU7

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders