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Loyalty Options, page-65

  1. 3,324 Posts.
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    The Loyalty Options are owned, they are not borrowed, leased or rented.
    They were a proportionate entitlement with probable reward for being a shareholder at that time.
    The entitlement was 1 loyalty option for every 3 shares owned.
    I will pay $0.77c for my option worth currently $1.435c = $0.665c profit.

    GXY unfortunately rewarded Anthony Tse & directors with obscene share and performance options.
    These were issued at the expense of shareholders. Those would not fit into your wheelbarrow.
    I know why I left.
    Have a great day
    RED
 
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