I guess Vagif and Denis could pay for their options with any future win against ANZ ( as we know they are major shareholders in Solamind). This seems reasonable and fair ish!
Solalife who appear to be largely Solamind shareholders aren't paying for their shares. Having said that I note that they won't be receiving any benefit from the SLA executive reward plan for 3 yrs ( I think) which we expect to be the most significant growth period for SLA ( and therefore the most benefit for the executives).
So perhaps on balance its reasonable.
SLA Price at posting:
26.7¢ Sentiment: LT Buy Disclosure: Held