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

    • Wife wanted basket things in the wardrobe in our temporary house. Thought about ripping our the wardrobe and fitting the entire IKEA set, but it's a temporary house and we want to move in a few years. So IKEA advertises this as a 50cm unit, however the actually basket and rails measure 46cm wide. Only issue was depth, IKEA stuff is quite deep, where as the builder special junk is super shallow at less than 40cm. Send it, chopped the rails, then offset the mounting holes, job done, happy wife, less shit scattered all over the bedroom. Did the same to the other side too. Also drove the Skyline shit box today, dropped off oil at Supercheap Auto. I didn't realise they only now take max 2x bottles per visit. I visited 2x Supercheap Autos.  
    • I've seen similar actually in my situation. You never know what tables are attempted to be used when the car thinks it's -99C or +200C. The fail state is not usually that extreme but you know what I mean - it was in my case though! This is where being able to read all the sensors is useful cause you see this stuff really quickly.
    • The above is very important. However as long as you keep timing relatively low, it's plausible to make your own knock ears and plausible to learn to tune with a modern ECU that can do wideband O2 correction like a boost controller. I mean if you only have one viable road to even drive the car on, learning to tinker to this level may be worth doing given you can't do much else with the car...?
    • I find the fact that the rear plate has to be bent inwards at the rear not so bad: but the front is just awful: It's like come on. (these are my very old, now retired/turned in plates) TBH it is a lot of money to fix a minor issue, the fact I said "I'll never really spend the money on doing this" is why people ended up buying them as a gift for a 'car guy' who can be hard to shop for.. for car guy things.
    • I just bent the ends of my premo plates. It even went through Regency like that after the engine conversion and the inspector (a great bloke!) just squinted his eyes and said "I didn't see that". Plates, and how they look, are just something that have zero importance to me.
×
×
  • Create New...