May. 14 at 12:50 PM
$RADX Just read the news article saying that RADX has given huge stock options good till 2030 [ over 7 million shares each ] to 3 different employees!!!! The size of the options granted is one thing, but here's the thing I find even harder to accept - the per share option price the employee would pay is $.025 per share. YES!!!! That is just 2 1/2 cents per share.
With RADX currently trading at
$4.54 and for some time has had a price of
$4 plus I cannot - no matter how hard I try - justify either the size or especially the cost basis on the options granted to these 3 employees!!!
I have been watching RADX to buy because of the interest and ownership LNTH has in the company, but after reading this ridiculous stock option grant I have about decided I do not want to own shares in a company whose leadership made such a " ridiculous option offer " in both size and price as they have done!!!!
What do you think????
