Re: I asked my Dad!
posted on
Jun 23, 2016 10:43AM
If there will be options issued, they will be priced at the current share price on the date of issuance. That's the normal procedure and has been done in the past. That is why we do have options priced at 1,99 CAD. ----------- As the current share price is a joke with all the "value" added to the company (not the SP unfortunately) over the last 12 month, many shareholders are against new "cheap" options. Me too. They might deserve them, that's fine. But it wouldn't be fair nor shareholder value to issue more on current prices. Since it will be many at too low strike prices. But I know we are on the stock market and not in wonderland. My wish would be, not to issue more options at this AGM but they can do above the latest Ajit or BoD options between 1,45 and 1,99 CAD. But this is only my wish and won't happen. If there will be options issued it will happen on current pricing.