AVZ 0.00% 78.0¢ avz minerals limited

"The vesting period for the performance rights is from 1...

  1. 173 Posts.
    lightbulb Created with Sketch. 4
    "The vesting period for the performance rights is from 1 December 2018 to expiry on 30 November 2021. It is the Boards view that these milestones are very much aligned with shareholders’ interests and notes the milestone prices are significantly above the current share price of the Company. It is the Boards view that these milestones are very much aligned with shareholders’ interests and notes the milestone prices are significantly above the current share price of the Company." - from yesterday's announcement.

    Management are obviously looking mid-term (i.e. 3 years) for the SP to be healthily maintained between 30c-40. Realistically, people on this forum should be expecting the same rather than getting carried away with fanciful prices.

    Worrying about day-to-day prices based on sentiment alone is redundant and splitting hairs.

    CW.
    Last edited by C.S.Wells: 17/05/18
 
watchlist Created with Sketch. Add AVZ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.