RE: Influencers10 Apr 2022 15:46
elrico,
Whilst I agree with the general tenet of your response I would just add that with two thirds of the performance options already having been achieved, Stuart is unlikely to be accused of trying to achieve the third option, 80p target for more than 30 days, on the back of a share purchase at the current sp. Also, Cathal's purchase may well not of arrested the declining sp, but it was a clear statement that he believed the company was seriously undervalued (walk the walk not just talk the talk) providing genuine LTH's and prospective new investors with the confidence that there are much better days ahead.
"On 18 April 2019, 3,892,083 options were granted at an exercise price of £0.18 per share and are exercisable based upon achieving three
performance conditions, with a third of the options being granted for each condition. The performance conditions are based on the
achievement of an 40p share price for more than a 30-day continuous period, the achievement of an 80p share price for more than a 30-day
continuous period, and on the commercial viability of developed products, or the entering into of joint ventures, partnerships, collaborations
or agreements for the sale or licensing of products. "