Guys wake up... Options issued with a strike price of zero are designed for one thing - placing a golden parachute over the insiders so when this sucker gets sold to the JV partner for 5c per share they will be rolling in money whilst every other holder is left to lick their wounds.
Issuing options in this manner shows no confidence in the future of the company - they are telling you to bail out. It. might be worth taking their message on board, collect your 10.5c per share and put it into something that will not give you daily anxiety.
- Forums
- ASX - By Stock
- GBG
- options
options, page-10
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)