RE: Lots of lolly....22 Mar 2019 13:55
I read and read that addendum at the time and again today, and still do not understand, appreciate anyone explaining it to me,
It states 5 tranches of 20% each but 60% only appears to be linked to SP performance, what of the 40% has that already vested?
also the 3, 20% tranches have to meet an hurdle price is the hurdle price the 3c plus 50 to 200% of any average 60 day period in preceding 12 months, for example, ave SP 60 days = 4.49c no vesting? or same ave SP 4.5 c 50% rise, vesting at 25%, ? any opinion appreciated.