The issue is that the options have been in the money for ages so why not exercise them well before they expired? Checking the last annual report the only person who had 666,666 options was RM. Maybe I am wrong on that but I don't think so. If that is the case why did RM not exercise his options which would have been a show of faith in the company he runs? Unless RM was one of the two directors who put in the $300K as per the announcement last week, he owns no shares in Axiom. Thats a bit odd for an MD of a junior to own no shares in his own company. Maybe he does now given the announcement last week of the $300k?
AVQ Price at posting:
20.0¢ Sentiment: Sell Disclosure: Not Held
