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Bullboard - Stock Discussion Forum Microbix Biosystems Inc. T.MBX

Alternate Symbol(s):  MBXBF

Microbix develops proprietary biological technology solutions for human health and well-being, with about 90 skilled employees and sales growing from a base of over $1 million per month. It makes a wide range of critical biological materials for the global diagnostics industry, notably antigens for immunoassays and its laboratory quality assessment products (QAPs™) that support clinical lab... see more

TSX:MBX - Post Discussion

Microbix Biosystems Inc. > New stock options issue
View:
Post by rjc7 on Feb 27, 2023 8:52am

New stock options issue

I have no issue with this.  It's a great way to maintain employee loyalty and does not affect cash.  It's also being offset with the stock buyback underway.
Comment by wizzdumb on Feb 27, 2023 9:17am
Agreed, it's par for the course and without good people the company goes nowhere. I'm sure someone will be offended. 
Comment by Method on Feb 27, 2023 2:42pm
I wish the option strikes were set higher (50 cents?) and that they vested only if the shares went above an even higher price (75 cents?). 
Comment by rjc7 on Feb 27, 2023 6:53pm
I don't think management is concerned at all about it reaching $0.75 in the near future. Keeping the strike price lower will keep their employees a little happier.
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