JAV 0.00% 0.3¢ javelin minerals limited

Issuing of options: potential SP targets?

  1. 770 Posts.
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    Just had a look at the anns posted tonight relating to issuing of new shares and options for the directors. I can see that new options expiring Nov 2019 and Nov 2020 have been issued with a strike price of $0.05, and there are also pre-existing options expiring Nov 2018 with strike price of $0.45. I don't know if I am over-thinking this, but does anyone think that the exercisable prices of the options have anything to do with what the directors are aiming for in terms of SP? All I can think of is that those options will be worth pretty much nothing, unless the current SP will come up to at least the strike price of those options. $0.05 seems realistic, and $0.45 would be a dream.... Incentives for the directors?

    Or this is completely irrelevant and I am rambling on about nothing....
 
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