???Hello every one,
I’m quite new to stock market and I wasn’t familiar with the difference between stock option and common share. I found this web site that seems to explain it well. Most of you seem to have good knowledge, but in case that I’m not the only one, here it is:
https://www.cboe.com/learncenter/pdf/understanding.pdf
Nonetheless, beside the fact that they are doing another study, I’m not sure if were supposed to interpret the last news received by the company as a good or bad sign.
If somebody has the time and patience to explain it to me, it sure would be appreciated...
‘‘The Company announces the granting of 1,900,000 stock options to Directors, Officers and consultant of the Company. Jean-Sébastien Lavallée, President and Chief Executive Officer, Jean-François Meilleur, Vice President Will each receive 500,000 options. Nathalie Laurin, Chief Financial Officer and Secretary, and three Directors, Marc Simpson, Richard Saint-Jean and Jean-Raymond Lavallée will each receive 200,000 options.
Each option entitles its holder to purchase one share of the Company for $0.15 for a five-year period. ‘’
I just find that 5 years is excessively long and 0.15$ very cheap if you’re confident that your company will rise. (But maybe I got it all wrong) Would this mean that they don’t see this stock going much higher for another couple of years?
Thank you again all of you who takes the time to post interesting news or opinion, It's always a pleasure to reed you, you are a great board!!!
Have a good day.