Member Info for MaoWombat

Must have been a good budget for the economy, WTB up 55p on the day, just recovering some of the lost ground really, but still welcome.

It was fairly obvious sp would gain ground once more when approval was give. Should have bought more when it was in the 170's. Damn.

Back to being a penny share? If so hope it is short lived.

Albert, You are persuading no one. You don't even believe what you say yourself."sp diving today"? my screen shows as blue.

It seems every time I look this share has been over �37.00 but has dropped back. I may have considered selling @ �37.15.

I meant �12 as share...very nice

Nice

moniman, Sorry I won't be at your �32 party. At this rate I will have sold up, taken my profit and moved on.

Moniman, Keep it up " heading south to low 30's" You don't convince anyone, not even yourself, but keep trying.

Sold a few at �36.50....to be honest I was a little over weight on these. Bagged a few Tesco shares with the proceeds.

Not a good day today I agree. Will accept a 50p drop today and will bide my time.

Where the SP is going on this one ? However �1.78 is a good price for me, so back in.

moniman Good Luck with that one.

FTSE 100 - virtually unchanged on the day WTB - up .75% on the day. A share in favour today.

So, high today ( so far ) was �37.16, could this share be back in favour ?

moniman, I still believe there is good value in this share. I have bought 3 lots of these shares all below the �37.80 you quoted.

FTSE is up this morning so I am expecting a bounce back for WTB today.

Got to say not unexpected the rise today.

So my understanding is that the company will post an expense item at the time the granting of options takes effect. This will be based on the fair value of all the share options granted. So as I see it as the share price is below 1.5p, there will be expense in the P&L account. If at the year end the share price is 1.6p, then an expense item of 0.1p per share will put through as an expense for all open share options. If the company purchases shares for the EBT they will be shown as "own shares" but not included in the shareholders funds. As I see it the company will probably purchase shares if the share price does or looks like going above 1.5p. This will then be deducted from the expense. That is my understanding, feel free to comment or disagree.

�There are a number of types of employee share schemes. This one is an option to purchase within a period of 3 years @1.5p. There are no cash transactions until the employee takes up the offer. It is not a saving scheme, Below is an extraction from the half yearly report/ Long-term incentive scheme charge The fair value of the employee services received in exchange for the grant of shares or share options is recognised as an expense. � The total amount to be expensed over the performance period, from grant date to vesting date, is determined by reference to the fair value of the shares determined at the date the employee is deemed to be fully aware of their potential entitlement and all conditions of vesting. � Own shares Company shares held by the EBT are deducted from the shareholders' funds and classified as Own Shares until such time as they vest unconditionally to participating employees and their families.