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The exercise price of each option is $16.20 - if all excercised...

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chand

3,653 Posts.

854

10/11/21

17:36

Post #: 57469649
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Originally posted by rustedon ↑

On the topic of funding, take up of the 203000 employee share options (page 36 paragraph 15 - 2020/21 annual report), expiring next month on the 17th, would in my opinion, be a bellwether for progress and provide about $1.4 million, possibly just enough funds to get the company through demonstrations to interested parties.

In the absence of a demo to shareholders, the company's employees through their take up of the options next month would clearly be a major vote of confidence, and go a long way to allaying my growing concerns.

DYOR

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The exercise price of each option is $16.20 - if all excercised then company will get approx $3.288 million!!

AKP Price at posting: $21.40 Sentiment: Buy Disclosure: Held
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