Thanks for sharing that Franc. Well APC needs to become a 4-bagger for those options to be in the money by end of 2019. The decisions by management certainly seem to be somewhat ad hock as you point out. I'm puzzled as to why they would do this because its really not benefiting ANY actual long term shareholders including them to date. They are somewhat more de-risked with the opportunity to take part in the recent raising and lower their average buy in share price, but at the end of the day they MUST be sitting at a loss also at current levels. The whole thing just seems very peculiar and I don't quite understand some of the decision making, but, I'm certainly no expert at the same time.
APC Price at posting:
5.6¢ Sentiment: Hold Disclosure: Held