Yep they are very busy boys at the moment so rushed off their feet sorting this latest stuff up at Browns that they hardly have time to do anything else ... oh except look after their pockets
But this is a serious question because I do not know the answer. What is the customary practice regarding issuing of options like today – why would they not be struck at least at the price on the day shareholders approved them. Better still – why are they not struck at the 52 week high – I don’t care if it is CMR or any other company there should NEVER be any incentive (perceived or otherwise) to gain benefit from allowing a share price to wallow or fall. Moreover, I thought GT went to some lengths to explain why the intention was to issue fully paid shares instead of options – so why now be issuing options – either way would still prefer to just see them pay a high enough salary that allows them to buy their own shares on market .
CMR Price at posting:
0.0¢ Sentiment: None Disclosure: Held
