Traders need to open their eyes, look for pounds, not pence.14 Dec 2024 09:32
One of the points raised this week, after the results presentation, was a question asking, why S/A has not purchased more shares. ?
His reply was two fold , first explaining he is an “ Insider “ and second, he has millions of share options (with attached performance conditions.)
If they all pay out , they come in at 1/4 of today’s market cap of SBTX. !!
Basically, SBTX shares need to hit, 80p £1.00 and £1.20P for him to hit the jackpot and cash the lot in. ( 9 million shares, £10M ish cash ).
He is extremely confident of the shares getting to those levels, and he is working flat out on behalf of the company, ( and us ), to do just that.
Never forget, he knows, far, far, more than us shareholders, and has been working and waiting , for well over half a decade.
Directors in his position, do not aspire for wages, less so , those that see £300,000 annual pay, more than cut in half, after tax , NI , and pension.
(£150,000 is only slightly more than a good tradesman can earn, on a 6 day week working for cash.)
S/A is a very driven individual, watch this weeks presentation for conformation .
…………………………………………………………………………………………………………………………
Shareholders and prospective shareholders might to well to align themselves to those option prices.
In doing so one would be looking at a 3.2 bagger, a 4.2 bagger or a 5.2 bagger if S/A cleans up.
I can not give advice , ( all shares have risk ), that said, it makes absolute sense to me, ( based on the above), to hold the shares all the way up to £1.20P (as a first step) , in this rapidly growing company.
:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
PS: Look out for more performance related director options being issued in going forward, with potential cash in numbers , in the five, to ten pound zone.
Sign In
Follow the stocks
