It’s usually done as an incentive to stay with the company or for meeting some milestone, often a low-bar performance target. In this case the exercise price was 0.8 cents and he was also selling on-market to fund exercising the options.
Si6 Chart, page-385
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 (20min delay)
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.737M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 38 | 37817337 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 14386896 | 18 |
View Market Depth
| Last trade - 10.35am 26/07/2024 (20 minute delay) ? |
| SI6 (ASX) Chart |
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