Member Info for Jrlomax

The barrow boy surely has to resign now, everyone including contractors is losing money, market doesn’t trust him

Every day we get a big sell, love to know who it is and why they didn’t sell a few days ago for more money, unless it’s a stupid shorter.

Good, all we need now is for the barrow boy to go too

You stated that if you leave the scheme you don’t pay back tax and NI. That is incorrect. If you leave the scheme you have to pay it back as you had tax and NI relief only if you complete the term. Maybe Jack Sh*t is your real name.

Overview

If your employer offers you company shares, you could get tax advantages, like not paying Income Tax or National Insurance on their value.

Tax advantages only apply if the shares are offered through the following schemes:

Share Incentive Plans
Save As You Earn (SAYE)
Company Share Option Plans
Enterprise Management Incentives (EMIs)

You know nothing

Have you ever done a share save scheme? The idea is you share in the success of the company by buying shares and selling them later for a higher price thus sharing the companies success. If you cancel your subscription you pay back tax and NI . Plus you can’t cancel if it’s a 3 year scheme and joint again, you have to wait for the next scheme to start

I bet all the employees who took part in the save as you earn scheme are happy, the option price for their scheme was 70p and that was discounted from 87p.

3p

I’m staring to think jolly master bater may be a market maker as he predicts a price and it’s always walked down to it

Got to agree, bod have to go. Even 88e is blue and that’s a complete dog

How many have Georgia oil and gas got left………… erm….. none

When do options mean company ownership?
On the other hand, if an individual is granted options, they don’t get any equity in the company nor any shareholder rights. Instead, the option holder gets the right (but not the obligation) to convert his options into shares (known as exercising) at a future date and at a pre-agreed price (known as the “strike price”). The conversion of the options is subject to many conditions, which may never be fulfilled. In practice, the option holder will usually exercise their options on exit since they are liable to pay for them and would only typically do so when they know they will be sold directly after – such as at an exit.
Example: Dan is granted 1,000 options, and after 3-years, they have the right to exercise his options and convert them into 1,000 Ordinary Shares that carry one vote per share and the right to dividends. After three years, once Dan decides to convert his options into shares, they will become a shareholder.

Schlumbergers are nil cost options which means we get no money as we got the blocks instead

Let me try to put it in a way you may understand. The 120,000,000 options are shares that are only able to be sold when the options are exercised. I’m really not bothered if you believe me or not. But when and if Schlumberger start selling watch what happens to the share price.

You are wrong, the shares in issue are 652,000,000 that is what the share price and Mcap are based on , do the maths.

I’m not saying they’ll flip them, would be stupid at these prices, but they will convert their options to shares, they will be added to the register and cause dilution as there will be another 120,000,000 added to those in issue

Wait till November and Schlumberger get to excercise their options over 120,000,000 shares. These are nil cost. More dilution. The spiv has to go.

The markets are fickle if we aren’t on the list or have any news this week I fear we will tank.

The biggest week for LFT tests and people are selling.

Will Haywood have the sense to order enough for the next well . Doubt it

So the govt list of suppliers is out next week. God help us if we are not on it. We will get some idea if the price rises sharply as the market is as leaky as a sieve