My calculator says 60x80x90 is $432,000 - so yes, where did the money go?
And I agree, Mr. Thomas used either bad judgment or willfully profited from an inaccurate coy announcement, i.e. the SH and general public were clearly misled by the #13 announcement.
Frankly, I have never understood why directors are allowed to dabble in their companies shares so soon after ANY announcement. Surely, the shares and options they regularly demand as compensation (more often than not for dubious achievements) is enough?
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- director sold 1 million shares last friday
director sold 1 million shares last friday, page-32
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