D,
Not meaning to pee on your bomfire regarding the AIM managements new found sincerity but just to clear a point you made regarding VB and WC not executing their performance rights. I can actually confirm that the only reason VB and WC (from the horses mouth, Bill Cash) didnt execute their performance rights was because the key trigger which was the share price was not met on 29/01/08.
Here's the trigger.
2. The Performance Rights may be exercised on and from 30 January 2008:
(a) if, as at 5.00pm on 29 January 2008, the market value of Shares has increased by at least 15% of
the market value of Shares at the date the Performance Rights were granted; and
To be honsest I was a little surprised to find out about this trigger because I assumed that they would have up until the expiry date 08/08/09 to execute provided that the triggers were met.
So, I expect VB and WC would have been more than happy to execute their performance rights at some point if theyd had the opportunity.
DC
DC
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Price($) | Vol. | No. |
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