ALM 16.7% 0.7¢ alma metals limited

I think its one director.Mr Cooke was expecting to spend upwards...

  1. tcf
    6,882 Posts.
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    I think its one director.

    Mr Cooke was expecting to spend upwards of 90 cents per share to exercise about 700,000 options later this year.

    That's upwards of $700,000. AFR wont have these options in the money buy then and they will no doubt expire.

    But if Mr Cooke has the $700,000 put aside he still has a lot of 7 cent shares to buy.

    He's potentially so far in front he's laughing.
 
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