Spyglass Resources Corp SGLRF

RE:RE:RE:RE:RE:options being cashed out.............................

[sanityseeker]

RAD10 - the year end financial statements clarify that the RSUs are settled only in cash. All the RSUs I have seen before are settled automatically upon vesting without discretion. I believe this is how they generally work and,would also be the case for SGL, but cant say for sure. If this wasnt the case, I would expect the accounting standards would require a disclosure regarding an &nbsp;expiry date, post vesting in the FS notes. &nbsp;As I say, I very much expect, these RSUs act very much as a cash bonus without discretion unless they have some modified terms.<br /> <br /> Let me know if you know otherwise. I&#39;ll probably email management to try to confirm.&nbsp;<br /> <br /> My my apologies for being disagreeable on this in my last post. I can understand how you could potentially argue this exercise as a bearish sign if you had assumed there is discretion on when to exercise. Although, I expect that is incorrect.

i am just trying to find a sane rational way to analyse and make investment decisions, and get snappy when I perceive retoric and deception in the commentary.