RE:management optionsshiftyone wrote: last year, they were granted at the very start of March. The options are based on the current share price.
Is there any possibility that at the time options are granted, it is in managements favour if the price is low?
I'm trying to figure out why the price is being pushed down. Or is it because they are going to do another financing to get them through the next few months until they get permits and a possible toll agreement?
maybe a combination of both? or maybe neither?
Are they going to go bankrupt and be bought out? Well, I don't think they could sell the company today for $20 million which is the current market cap.
Someone is holding the price down. I don't think it is the day traders. They would put that wall up for a month to make a few hundred dollars?
Hopefully we will find out soon.
I can't see NFG not buying this at 20 million if hammerdown is included!