RE: Idiots guide21 Jul 2016 12:23
re - options
The idea of giving options to directors just now is coz share price is down and take advantage of that, so not expect anything of 1p or more, well that is what happen most of the time, the latest one I saw was...
.... JLP - Jubilee Plat. the options they had were too high as the share price went well down, so they cancelled them and issue new ones at par value 1p, when share price was 3.20p.
That was my comment " Shame directors giving themself options at par that is 1p and 10 years to exercise "
the normal thing is put aside 5% for Options with a 5 year Exercise plan, some at share price at the time and others at higher price on reaching certain profit forecast,( more like EPS % rise if it was me) on the next couple years, so they could be exercise after those dates.