Adam.s
I too am really puzzled as to why anyone would exercise an option 3 years early.
A few comments:
Director "buys" shares - good for confidence. Spin....
Maybe theres a divvie in the offing and he wants to have held the shares before they announce. Although he doesnt need to as he could still exercise before the record date.
If the share price goes below 50c then the Coy will need to book the loss.
Why did the shareholders ever agree to non recourse loan?
Is the loan interest free. Bet it is!
Dont like these arrangements.
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Adam.sI too am really puzzled as to why anyone would exercise an...
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