The Pope
Regular
Hi dingo,You're entitled to your own opinion Diogenese.
The reason I think it's a "buddy" deal, is because I think it's likely he didn't have a million dollars in free capital to exercise the options at the time.
How could him not exercising the options and giving the Company a million dollars, possibly be in the best interests of the Company, or its shareholders?
The reason of tax selling was given.
At no time in the Company’s past, has it given consideration, to what the selling of shares (LDN for example) would do to the share price.
It's just been a case of "Well that's the Market".
@MDhere, he will have to sell a hunk almost immediately, to cover his tax, for the same reasons as the Company was supposedly protecting us from, when the share price was much higher.
The argument that this is not dilution by the Company, because the options were already granted, is baseless, as they were granted on the basis of providing the Company, with a million dollars in funds. There was also no certainty that all options would be exercised, which is completely different from the granting of the RSUs.
Now they are just a gift.
@Cirat, the whole idea, that Emmanuel Hernandez has a claim against the Company, doesn't gel with me, when it was outside normal circumstances, for the treating of the options.
His "favor" to the Company of not exercising, simply does not make sense.
Ok, I’m going to call something out based on a previous response by FF earlier this year when he advised last time when he left TSE and mentioned to all that others posted on his behalf via private messages on TSE and did anyone notice. Well I did and confused as to why but happy for FF to post.
I would suggest while Dio may have posted the reply to you my gut feel is FF provided the post (maybe with some minor tweaks). FF has a distinct posting format styles, sentence structure and wording.
If I’m incorrect I will say 5 Hail Marys and have two tequila shots.
FF please just return to TSE and post at will.
