ARH 0.00% 0.5¢ australasian resources limited

The latest AGM includes a resolution to grant 4,200,000 options...

  1. 328 Posts.
    The latest AGM includes a resolution to grant 4,200,000 options @ $1.18 each to Mr Caruso and 3,000,000 to Mr Jukes.

    Shouldn't the price be above the current share price to give an incentive to push the share price up? Theoretically they could exercise them the next day and make a tidy profit without doing anything to help the company and shareholders.

    Doesn't seem right.
 
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