Jeepers
Reading this thread I see so much panicky knee-jerk comments here on this option conversion. The gys has to come up with big $$$ to convert & so sold shares ... big deal! Be honest, you people would have CRUCIFIED him if he sold at the top of the recent run. Now you slam him because he sold at these lows ... pathetic ... although I would like to use stronger words!!
BUT MORE IMPORTANTLY: The sale of his shares HAD NOTHING TO DO WITH THE SP SLIDE people. Flaming heck! Cant you do some basic research n this?
If you had your eyes open you will see that most of his 1 million shares went through in a few cross trades just recently AFTER the slide, and had ZERO impact on the SP ... phone the director & I bet he will confirm they were transfered to friendly hands
Honestly I am amazed at the amount of nervous flakey posts on by people. Just no idea!
Sorry about the slam, but some people deserve it
cheers all
director sells shares to purchase options., page-36
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