HZR 4.30% 48.5¢ hazer group limited

Ann: Half Yearly Report and Accounts, page-18

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    It’s perhaps relevant that Geoff Ward bought and converted 600K options in December, each costing 30c. That leaves him with $39K losses. If anyone could have anticipated the recent price drop, then Geoff. Who wouldn’t bet he’s expecting to get it all back and more? In hindsight, it seems an interesting nod to us holders in the red.
 
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