BLY 0.92% 54.0¢ boart longyear group ltd

Ann: Forfeiture of Unlisted Employee Share Options, page-2

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  1. 115 Posts.
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    "The options had an exercise price of $0.199 and an expiry date of 26 May 2025."
    Why would these be forfeited several years before expiry? Are they guaranteeing they will not get back to that price through buy-backs, consolidation, profitability etc.?
 
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