TSXV:TRL.H - Post by User
Comment by
LTOWNERon Mar 19, 2014 3:06pm
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Post# 22342446
RE:RE:RE:Options
RE:RE:RE:OptionsOption info was filed March 13 & March 14 (for Tom Rossi) but the filings are not on Sedar. Canadian Insider reports the names and number of options but not the exercise details. Generally options are exercisable at a prescribed discount to current market price and serve as both future compensation and encouragement to maximize shareholder return. Normally issued annualy, I suspect options issued in the recent past expired without being exercised due to the share price decline. Tom Rossi now has 575,000 more reasons to make Trimel a success. Exercise means the share price has increased, shares outstanding and cash balance increase.