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Bullboard - Stock Discussion Forum First Asset Morningstar Emerging Markets Composite T.EXM.A

TSX:EXM.A - Post Discussion

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Post by sbman on Aug 20, 2007 4:07pm

Option timing

Shares have been in a trading range of 45-60 cents for months. In the last few days in the market sell-off they dip under 40 THEN management awards themselves at the money options. Coincidence? You decide.
Comment by Flintstock on Aug 20, 2007 4:28pm
Optics not very good. This mangagement is not unlike most others. Their interests take priority over those of retail investors. The fact that we are paying the bills and that stock dilution is not going to help the s.p. is inconsequential when personal gain is at stake.
Comment by bryancj on Aug 20, 2007 4:58pm
What is the basis of the options under the plan. Is it a bonus award or what. Usually these are issued to reward good performance At the end of the year.
Comment by Revelation18 on Aug 20, 2007 5:10pm
Canadian Based Jr Mining.. Arm's length transactions go on daily in the Diamond Drillerless world of mining exploration whereby executives consultants directors siphon cash out of a jr's coffers Anyway Amigos!! 5 indictors show EXM at the bottom.. Next step ..On no News wash trading higher How ..A group of professional conspirators will use several brokerage accounts to ...more  
Comment by coach247 on Aug 20, 2007 6:05pm
Just my guess, but I would think the issuance of the shares to Hothschild created additional room under the cap for options. If I was running the company, for sure I would want to get the best possible price for my options, and the fact that we are in the midst of a bigtime correction overall sure made it an opportune time to grant those options. I do not see any conspiracy at all, and just ...more  
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