Active Investor brightly wrote:
"Some here for the past few weeks and months were saying the options will be in the money because it is in managements best interest to get them into the money and so they will do whatever they can for the options to be exercised.
If you believe the management would operate according to whatever the management believe is in their best interest, then the management will delay any re-rating announcement so that the options do expire worthless. Why, because as i showed above, their shares and options would be worth more after 30th June.
The amount of options expiring for directors now (30th June) compared to December 2011 is: See the "Change in Directors' Interest Notice" 6th December 2010.
John Palermo now only 273,515 but December 6 million
Quirk now only 178,572 but December 4 million
Found now 0, but December 1 million
The directors options that expire in December would be worth a lot more as shares once the current 380 million options expire worthless."
I definitely agree and please let me summarize all that with a hilarious cartoon to enlight your optimism with a bit of sense of humour.
This is a predestined winner IMO...
enjoy!
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