UMC united minerals corporation nl

hotwolf, it's part of their compensation package on the...

  1. ACB
    4,958 Posts.
    hotwolf, it's part of their compensation package on the assumption they can get "out of the money options" into the money ie create shareholder value! we know they didn't by a long way.

    so please justify why they should be rewarded for their $1.75 strike price options? no time value and no intrinsic value.

    hotwolf did you see how much money they blew on overheads in the final quarterly? now that was disgraceful.

    And they sold some of their plant and equipment for 10 cents in the dollar.

    Yeah good work fellas, can't wait to buy into your next venture.
 
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