we lose due to mgt incentives n market?, page-3

I can't see management supporting/doing anything (including a takeover) that will not trigger a price increase beyond $1.05 for 20 days or more.

There is no, or too little, personal gain for them in doing so.

And I do not see any deal that they can make in the current market that would create this type of increase.

So, in effect, we are stuck were we are indefinitely because of the options arragements. It appears that we would be be better off now if the stike price was lower (say 70c). Then we could be getting some dough. And the company strategy would continue to be actioned instead of being put on hold, as it is now.

Just thinking aloud please tell me where I am wrong.