FXR fox resources limited

options expiry

  1. 2,876 Posts.
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    Looks like the directors are getting a bit anxious. Trying their best to boost the share price prior to their 5.4million incentive options expiring on 30 June 2008 ($1.00 exercise price).

    I suspect they felt that assay results may only come in after 30 June 08 so they released "Preliminary analysis of the massive sulphides using a Niton portable XRF analyser (see disclaimer)" instead.

    Although i'm a shareholder, I really hope the share price stays below $1.00 until after the options expire because the directors are already clearly overpaid and don't deserve any rewards for their performance to date.
 
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