RE: RE: RE: Cascade - Mobileye ??16 Oct 2017 14:33
Thorp....
To demonstrate confidence in the business model and not laden the business with 6 bi-monthly loan repayments of $165,000 and fees of $40,000 at a time when cashflow/working capital was tight and was needed to compete for new tenders per the RNS.
Also to protect the SP and the value of their investment.
Having said the above,if they take up the options then the above is largely irrelevant as they clearly see a return on a premium investment which means happy days for all of us.
imo,dyor