Member Info for coalfired

Am i right in thinking that you sell/transfer a number of shares to the value of your available ISA limit i.e £20k into a holding ISA and that quantity of shares is then held until you decide to crystalize into cash, capital gains free ?

There must be an overhang from the seller, everytime we get a headwind we get blown back. Doesn't take much to move this either way.
The past few occasions we have dropped below 160 I have picked up a small addition, today included.
Time will tell, i'm in no hurry. I'm happy with the dips as i have been accumulating but it would be nice to see the seller finish and a regular tick up start.

Real strange SP action going on today

Thanks Mark.. you are the only one that gets where i am coming from. They are free shares basically. Hence all my previous comments. Why purchase at market rate.
I am fully invested here but just inquisitive.
Its probably boring the board to death but at least its opening the mind.......

Mark
"If the strike price is less than the share price when the option vests then you wouldn't buy them. It's an incentive scheme to keep directors and employees focused."
Why wouldn't you exercise (strike price ) when it is lower than the SP ? again every day is a school day ?

I am sure there is a clever man (or woman) out there that can clarify exercise price.

From 11th Sept 2020 RNS

The Options granted pursuant to the New Scheme each have an exercise price of £0.01 and will
vest based on the Company's share price during the course of the next three years, between £2.00
and £3.50 ("Target Share Price") (as set out below)

Hi Mark, thanks for taking the time to explain.
I think where i am struggling here is the exercise price. The exercise price on the incentive plan is 0.01p. To me that is the price to purchase
Eg the latest RNS re share options for Cameron has exercise price of 168p .. that i understand,

Absolutely !

Wish the seller would do one though!!!

atb

Hi Buffettt, the SP was over 200p for 20 days earlier in the year so the 1st exercise price has been met, that's my point.

Itsyou has explained it though. It looks like it can only be exercised "being the later of (a) the third anniversary of the date of grant and (b) the date falling 20 business days after the announcement of the Company's results for the financial year ended 31 May 2023"
So the named directors have got some shares coming at least in 2023. !

Yes, good timing for the RNS lol
I think what I am getting at is I am interested why Adam buys shares at market value when he has substantial options that he has not taken. I don't know if it is my understanding of the options that is wrong ? Surely as well if the director has confidence in the SP performance they would not really have any interest to buy shares now when there are options ready at only 20% rise. I am wondering if the recent purchase is just for show ? Just my inquisitive mind really but I have not really had an answer as to whether my understanding is right or wrong. Usually there is someone straight away ready to correct miss-informants lol.
Sorry for going on, I wont mention it again unless anyone does give any education on it.........

Thanks Buffettt
Genuinely, can you educate me then please, from what I read on the incentive plan there is an option to purchase shares, 741,187 at 0.01p if the share price hits 200p for 20 consecutive days which it did this year. There are further options for higher SP's up to 350p. The shares have to be held for 2 years before selling but do not have to be sold.
I would like to see how I am misunderstanding this incentive scheme as obviously it is beneficial for the directors to reach the targets.
Thanks :-)

Thanks Trek
I am not that knowledgeable on the subject. Is my understanding correct that Adam is entitled to have taken 700,000 free shares (because of the SP performance) that he didn’t exercise. I appreciate he has to keep them for 2years but that is over £1m. I can’t get my head round what reason there would be for not taking them ? Maybe I’m way off point..

This may be one for Trek but i was wondering why Adam would buy shares at market rate but didnt take the options for "free shares" when the SP was above 200p for more than 20 days earlier in the year ?
Or am I not understanding the share options correctly ?

Mentioned on Vox markets today. 400p valuation discussed.

http://www.linkedin.com/posts/paul-hill-a5994116_onc-immunoinsights-activity-6873894018355392512-fDFB

His motive is clear, he already posted he got out at a loss a while back. He is a bitter investor that hates to see a company do well after they have lost money on it.

Excellent news, onwards and upwards.

Hi Trek. Yes, I picked some up this morning at 160. I keep dipping in on the drops. Its a patience stock.

AGM today on a red day all round. Maybe some news to flow afterwards ?