Sadly Livas, there is a world of difference between late December and early January (and not just for option holders).
If it's January and the Directors get their free options through and I don't get my paid-for ones up (after holding this stock for so long) there will be conversations with the lawyers.
Some of us have been shareholders longer than they've been in the company and given the recent management performance, missing out on EMSOA by a few weeks would smell of game playing IMHO, especially if it turns out management 'sat' on information that was market sensitive because SC "took the conservative route" rather than marketing a genuinely 10c stock...
I'm not saying he would do anything duplicitous but by not aligning the options, management are arguably more motivated to get the report in January and not December to avoid the dilution, take the previous EMSOA payment as a free-hit and do a cap raising at 10c (likely with a discounted insto) and not at 5c for those who probably bought their original parcels years ago at 10c...
Just saying there's a fine line here and with management not releasing anything at all to market, they're not doing themselves any favours...
EMS Price at posting:
3.3¢ Sentiment: None Disclosure: Held
