Could it just be that the options are issued out of the money so that the directors don't have to pay tax on them??Then they just hope that the gap between the sp & the option exercise price gives some basis for a good 'ol P&D so that they can exercise and sell the shares on market without needing to part with any cash
Ann: Appendix 3Y - Tony Sage, page-31
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
