Shared Folder - VMware Workstation Player Permission Problem

For years I had Linux Mint as the home system and Ubuntu 12.04 as the guest OS, VMware Tools and a shared folder.
The user was the same on both - "steve." When adding data to the shared folder the permissions could be read by all.

New setup -
Ubuntu 18.04 as host
Ubuntu 18.04 as the guest OS
open-vm-tools <I understand better to use than VMware tools these days?>
On the host there's a shared folder. It's also shared so it can be accessed from other workstations on the network - Ubuntu and Windows, Android etc.
I added this to FSTAB on the guest OS to make the share work -
The problem is files saved into the shared folder have restricted permissions. I want everyone to be able to view and edit.
-Do I specify permissions in the FSTAB above? I assume the shared folder is SMB. Are the permissions changed there?

I really like 18.04. Well most of it anyway. A new 500 GB Samsung SSD and Ubuntu 18.04 gave my old Phenom II 955 machine a new lease on life.
Thanks!