PLS 3.17% $3.05 pilbara minerals limited

Lithiumburnhere we go again smearing.As you we’ll know and was...

  1. 638 Posts.
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    Lithiumburn

    here we go again smearing.

    As you we’ll know and was mentioned here at the time by other posters, Ken had 15 million options at an exercise price of 40 cents that were expiring in Mid May 2019. That is he had to find $6m to Fund the exercise. He found that $6m by selling sufficient shares to meet the exercise, $6m that was paid to the company. Nothing muck pocketed by Ken as nearly all proceeds of the sale went to the Company , not Ken. On top of this he will be facing income tax on the profits as well which would not have been provided for from the sale.

    What would you have wanted him to do. not exercise his oppies so the company misses out on $6m in much needed funding?

    How about you and Nevchev stop playing your grubby games of playing the man





 
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