One reason I became very bullish on EOS was the issuance of 5,5 million options to directors and staff. Announced 11/2/2016, when the stock traded at 1,14. Excercise price 3,00, exercisable on or before 31 januari 2019, fully paid. Options were way out of the money!
Management clearly expected a huge leap in the shareprice towards the exercise date. They have to pay 16,5 million to receive the shares. With a shareprice of 4 or 4,50, that's risky, taking on loans to buy shares in a small and possible illiquid company. Clearly they expected a much, much higher shareprice or a takeover, based on their insider expectations.
One reason I became very bullish on EOS was the issuance of 5,5...
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Last
$1.28 |
Change
-0.020(1.54%) |
Mkt cap ! $271.0M | |||
| Open | High | Low | Value | Volume |
| $1.30 | $1.32 | $1.27 | $1.122M | 873.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1600 | $1.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.28 | 7938 | 3 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| EOS (ASX) Chart |
