LPD 25.0% 0.2¢ lepidico ltd

lpd share price, page-182

  1. 2,237 Posts.
    lightbulb Created with Sketch. 4001
    @Laoich, 7th May and 16th May were announcements of Joe selling shares to execute his options at 1.815c.

    He still has 20m of these options to exercise before 3 August 2018. I'd be very surprised if he let them lapse, so we will probably see him selling some more shares to buy some options.

    It's possible that some of the selling of late is Joe, but @frikkie doesn't actually have evidence of this. It's a guess.

    As for "skrewing shareholders", the guy is taking 30% of his total pay in options. He's sold 9m shares at about 4.3c, which he bought at 1.1c, so that's a profit of roughly 279k. He's used all but 24k to execute options.

    Unless his marginal tax rate is less than 10%, that means he's copping a tax bill to get more shares.

    I'm okay with it.
 
watchlist Created with Sketch. Add LPD (ASX) to my watchlist
(20min delay)
Last
0.2¢
Change
-0.001(25.0%)
Mkt cap ! $17.17M
Open High Low Value Volume
0.2¢ 0.2¢ 0.2¢ $1.343K 671.4K

Buyers (Bids)

No. Vol. Price($)
135 280698202 0.1¢
 

Sellers (Offers)

Price($) Vol. No.
0.2¢ 20483707 28
View Market Depth
Last trade - 11.42am 16/08/2024 (20 minute delay) ?
LPD (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.