BPH 2.78% 1.9¢ bph energy ltd

they can't extend.. 1)UNLESS they are "underwater" ie the excise...

  1. 2,456 Posts.
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    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
 
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