RXL 1.82% 14.0¢ rox resources limited

Ann: Change of Director's Interest Notice, page-6

  1. 4,103 Posts.
    lightbulb Created with Sketch. 1866
    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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