Watering Down Share Value
This stock will have a hard time getting to $2.00. Bad Move.?
The REIT's Board of Trustees has granted an aggregate of 800,000 unit options to the President and Chief Executive Officer, and Chief Financial Officer, as well as an aggregate of 525,000 unit options to the independent trustees of the REIT. The exercise price of these options has been set at $1.88 per unit, the closing price of the REIT's units on the date of grant.