ASB 1.56% $3.16 austal limited

9 for 10 renounceable issue - cr @ 50c, page-22

  1. 41 Posts.
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    I just checked previous 3B issues. The last employee incentive release was Jan 2012, with options at an exercise price of $2.15 in Dec 2014. Watch what happens in Jan 2013. Shareholders have suffered massive dilution, but management will have something to be happy about. A nice little earner.
 
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