Lacan, please note that those options were issued as part of the company's Employee Securities Incentive Plan to provide incentive for future performance.
Most ASX listed companies do that and the prices attached to those options cannot be taken as an indication of 'fair value'.
Take for example the similar (performance rights options) issued from ANZ : with a MC of $70b +/- the odd billion ......"at a zero exercise price".
Have a Merry Xmas
Ann: Ethics Approval for Phase 2 Atopic Dermatitis Study Received, page-35
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