Jump to content
SAU Community

Recommended Posts

work for said company.

Options are a promise of a share at a set price given to staff to aid loyalty

These will usually be available to you over a period of time at a set price.

so you only profit if you stay with the company and the company goes up in value.

 

Eg as part of our annual review at previous company we were eligible to options.

 

we might be given 1000 options that vest over a 4 year period, so we had access to 250 per year. (some might be a single issue at a set date others might be over 10 years depends on time and offer.

say the issue price was 30 dollars.

in 12 months we could access 250 options at 30$

if the share price was 40$ now this was a great thing. I got 2500$

if the share price tanked and was at 20$ it was not worth excising the options and if they get to the expiry date prior to getting back over 30$ then they were worthless to us.

 

we had people who were issued options at the top of the dot com boom at 200$ plus.

 

1 year later the share price was 8$  lets just say they were never exercised.

 

 

 

  • Like 1
4 hours ago, dezz said:

How does one acquire said options?

 

88EO is the stock code for the current options

They can be traded just like shares, or converted into shares if you pay the 2 cents per share or whatever it is to convert

Options end in March, so steer clear.

CPH and MXC are doing well overall IMO. I don't have much invested, but good time to get in or top up I think. I also got the run in on BYE but not sure if it will go much higher, had a successful drill that goes into production in 2 months I think.

3 hours ago, dezz said:

So if no one exercises their options at 2c, fair to say they ain't finding shit down the hole..

Being offered at .007 doesn't seem too promising

Few reasons people wouldn't exercise their options:

- they can't afford to. Many people spend all the investment money they can on options to maximize their leverage, so that if the company ever does take off massively they just borrow money or pour more cash in to exercise them and end up better than if they'd bought heads. Borrowing money if the company hasn't taken off yet is not very wise.

- they don't have faith in the company to come through with goods

- they haven't spent that much on options and already have heads anyway

- they forget about the expiry date

- they trade options just like shares with no intention of ever exercising them

You can still get gardening leave if you resign and are currently working on cases, depending how your firm approaches that...wouldn't be difficult to sell information to opposite counsel

don;t you just get told not come back and paid out?

Any-one with customer account info here doesn't make it back to their desk to work after a resignation letter.

 

safer that way.

 

no idea what our current non compete contracts are.

I've legacyed in from years back with a support role.

well...

 

some-one has agreed to buy a bunch of shares at 2 cents when they are trading at 2.8 cents if the people running the business don't want to purchase them..

so think to yourself why people running the business would not want to buy shares in their own company at 30% under market value.

 

 

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now



  • Similar Content

  • Latest Posts

    • A few small updates since the previous post and lessons. I decided to do a little interior light upgrade on the 110. I quite like the iilumo items, even if they're a bit of a premium over other brands. You'll also note the Stedi Fogs, that will go into the S15 fog lights as I needed to match the bulbs since I got the new ones earlier. I hope they fit as the body is quite a bit longer than your normal bulb.  Annoyingly, I managed to trip the fuse, which normally wouldn't be an issue until I located the fuse. I can't say I've ever come across this. I had lucked out that someone nearby had a spare, but oddly enough Toyota dealerships seem to keep this in stock. I ordered some to keep in my stash and as luck would have it, someone else nearby tripped the same fuse so I passed on the favour.  I also did a little service on the 110 ahead of some additional work coming up. It's been annoying that Goleby's stopped carrying this particular HKS filter for the 110, so now I need to keep them on order from Japan. I also took the opportunity to install a bash plate and number plate riser. The plate riser is such a cheap but nice fix to help really tidy up the car. I'm tempted to now also replace my headlights, on this car. Both items were from Project Aero.    I also needed to replace the rear tyres on the 110, and after trying to get it aligned learnt that I need to replace some bushes in the front end, so that's next.  Closing out this update with a nicer picture as always! 
    • Yeah mate, never miss it.
    • Any going to watch World Time Attack at SMSP this year?
    • Appreciate the correction on the "ground", that will make a huge difference to looking at this. That makes complete sense about AF70/AF71 which is what I had come down to being the issue, one of these. I'll have another look in the ignition wiring when I get a chance next week. I'll also make up a jumper wire for running that AF73 test.  ECU is fine, relay itself is fine, pump harness is fine and the pump itself is fine. I am going to upgrade the Walbro 255 anyway with a DW300 I have since I need to replace the fuel sender and I'm going to upgrade the FPR with my chasebays kit ready for new plenum/injectors/dbw, but I'll get this working first. That's why this is so frustrating. 
×
×
  • Create New...