Good to see employees making a few hundred thou for turning up to work and thinking they’ve made Plexure a great company
http://nzx-prod-s7fsd7f98s.s3-websit...542/340287.pdf
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Good to see employees making a few hundred thou for turning up to work and thinking they’ve made Plexure a great company
http://nzx-prod-s7fsd7f98s.s3-websit...542/340287.pdf
We'll have to wait until reporting to see whether they were employee options, or management / director options but we've known for a long time that there's over $6m options in play and TBH I'd be gutted if I was the option holder having seen the SP drop 32% from $1.59 to $1.085 (average hi/lo on 12 April).
Still, for an aggregate investment of $61k to exercise the options, worth $294.5k on 12 April, that's a cool $233.5k instant upside on paper. That's price of the golden handcuff's for great staff. Question might be when the selling window opens for them, will they hold or take the money? Be silly to sell into current SP when you can see potential from past SP performance (and have insider insights).
Will Sp sub NZ $1 soon?
Can't say I am in the happy group as too date this has become a dog hold. Lets hope fortunes change shortly with some magical new customers.
Before dawn, the night is darkest...
They are still hiring new staff, if fail to obtain the new customer or new project, why they doing this? a bit weird situation.
https://www.plexure.com/careers/job-vacancies/