Oh and forgot to say
There should be a clause which means you don't have to buy shares at over the odds in the future if their market price then is lower than what you're being offered them for.
Strike price is what you will pay (fixed and agreed in advance) IF you wish to exercise the call option, I.e. purchase the shares - otherwise the option can expire without being exercised and I think you just get back your savings you've built up to fund the stock buy if the terms were favourable in the future
Hope that makes sense, struggling to keep my eyes open. Too many finance lecture memories sending me to sleep!
Otbc
Posted By: essexcanaryOTBC on January 3rd 2013 at 23:37:01
Message Thread
- At work, just had an email to say I have been granted a stock award .. wtf ? (n/m) (General Chat) - colincanary, Jan 3, 22:27:09
- Stick this in Wikipedia, probably explains it better than I just did :-) (General Chat) - essexcanaryOTBC, Jan 3, 23:19:24
- Cheers. (n/m) (General Chat) - colincanary, Jan 3, 23:21:23
- Or this one which is probably a bit more user friendly: (General Chat) - essexcanaryOTBC, Jan 3, 23:21:07
- Employee benefits (General Chat) - essexcanaryOTBC, Jan 3, 22:54:51
- Thanks for that, just been reading it properly now.. seems I get a certain amount for the (General Chat) - colincanary, Jan 3, 22:59:39
- Oh and forgot to say (General Chat) - essexcanaryOTBC, Jan 3, 23:37:01
- If I remember correctly their share price has been taking a bit of a hammering (General Chat) - essexcanaryOTBC, Jan 3, 23:16:44
- Thanks, yes they paid over the odds for Automony so they have been battered.. but (General Chat) - colincanary, Jan 3, 23:20:21
- Markets usually over-react big time to negative news stories (General Chat) - essexcanaryOTBC, Jan 3, 23:29:07
- Thanks, yes they paid over the odds for Automony so they have been battered.. but (General Chat) - colincanary, Jan 3, 23:20:21
- Thanks for that, just been reading it properly now.. seems I get a certain amount for the (General Chat) - colincanary, Jan 3, 22:59:39
- Knorr (n/m) (General Chat) - CB41, Jan 3, 22:36:14
- OXO (n/m) (General Chat) - colincanary, Jan 3, 22:38:00
- Stick this in Wikipedia, probably explains it better than I just did :-) (General Chat) - essexcanaryOTBC, Jan 3, 23:19:24
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