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Brabus,For the 10m director options to actually be worth the $3m...

  1. Swuzzlebubble
    1,613 Posts.
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    12/11/08
    13:48
    Post #: 4490914
    Brabus,

    For the 10m director options to actually be worth the $3m implied value, the sp would indeed need to be 80c.

    IE 10m x 80c = $8m, less $5m exercise = $3m.
    SLA Price at posting: 23.6¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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