I tend to agree, but to be fair those options come with conditions on performance targets being met and the "Vesting to occur if" schedules are quite promising, both Livery and Thompson get to exercise their 550k options each after next June if BOD meets its EBITDA target for the year and its 10 day VWAP exceeds 75c......that's almost 50% up from today sp.
Than it's $1 the year after and $1.25 the year after that...and - in all probability - the sp could see those levels much earlier.
BDA Price at posting:
51.0¢ Sentiment: Buy Disclosure: Held