date:Oct 17, 2012
August 31, 2011.
The good progression of our stock price during Q2 2013 had its good and bad sides, said Frdric Harland, Director Finance. Our stock price increased by approximately 20%, which had a direct impact on our stock-based compensation expenses. Because of IFRS standards, stock-option granted to consultants have to be reevaluated every quarter, impacting directly the bottom line. This is a blessing in disguise, because stock price appreciation benefits everyone.
Neptune had a strong a