never their shout, page-12

Well my original point was that it's obvious that your CEO, G Edwards isn't a 'true believer' then isn't it? Because he doesn't own any shares. He's not putting in. And he didn't even have to go and buy them. All he needed to do was not sell them after exercising the low priced employee options.
And your most senior hands-on guy there isn't a 'true believer' either, is he? Because of all the low-exercise price options that he converted, he's only left 50,000 ($9,000 worth) unsold.
The only conclusion to be drawn from this is that they judge that there are better places to put their money, ALL their money, tham Macmin. But maybe you know the company better than the CEO and the Project Manager.