they can't extend..
1)UNLESS they are "underwater" ie the excise price is higher than the current market price of the stock
2) the extension is less than 10 years from the original grant date or the latest date the options could have expired under the original terms
if extended it can have tax implications
needs board approval
i guess that's why not much can be divulged at the moment on the calls to bph I have made
your call guys ... how far does the loyalty lie
wait and see
they can't extend.. 1)UNLESS they are "underwater" ie the excise...
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