OTCPK:MEAOD - Post by User
Post by
JRaffleson Mar 17, 2016 4:24am
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Post# 24668377
Directors Share Options - soon to be in the money
Directors Share Options - soon to be in the money5,150,000 - number of MTO shares
0.12 - exercise price
Sep 2019 - expiry date
The SP is only 3c away from putting a large tranch of directors options being "in the money".
It seems that there is every incentive for the board to make the company perform which could benefit them considerably.
If the board get get the company SP to 0.20, then there is over $400,000 cash in the bank on share options waiting for the directors.
I would be happy for them to benefit from this share options uplift ...... perhaps with a little self interest, due to the effect it would have on my investment in MTO.