but doesnt seem to add up
Direct Holding 625,000 – fully paid shares
2,500,000-options exercisable at $0.024, expire 30 Nov. 2020
7,500,000-options exercisable at $0.033, expire 30 Nov. 2022
So direct holding was
625,000 FP
10mil oppis
indirect
9,459,082 – fully paid shares
2,500,000 options exercisable at $0.024, expire 30 Nov. 2020
7,500,000-options exercisable at $0.033, expire 30 Nov. 2022
Indirect
9,459,082 FP
10mil oppis
so he has acquired 9,200,067 into his indirect account
9,459,082
9,200,067 aquired
giving a total of 18,659,149 in his indirect acc
with 5,000,000 oppis
but he had a total of 20,000,000mil oppis and now has 5,000,000 oppis as per declaration
It goes on to say
Nature of changes Exercise of 15,000,000 options exercisable at $0.033, expire 30 Nov. 2022 & transfer from direct to indirect holding
so 15,000,000 oppis appear to have disappeared from his holdings yet he has only acquired 9,200,067
fP shares
From the 2A it says the transaction was
Cashless exercise of employee options as approved at AGM held on 26 November 2019
Not sure what to make of it anyone else want to throw the cap in the ring
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- Ann: Change of Director's Interest Notice
Ann: Change of Director's Interest Notice, page-6
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