It's quite possible. However, there's nothing wrong with converting options especially when they about to expire. What interesting is what PN is going to do next? He might sell some to cover taxes and keep the rest which will be viewed as very bad move but in reality quite smart as he will actually minimize his taxes at this prices. He might sell all which probably will indicate that he is on the way out which means new CEO is start cleaning up management team. He might hold and this would be really good sign.
Ann: Appendix 2A, page-4
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Last
$4.91 |
Change
-0.010(0.20%) |
Mkt cap ! $3.554B | |||
| Open | High | Low | Value | Volume |
| $4.93 | $4.96 | $4.89 | $5.556M | 1.127M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 63209 | $4.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.92 | 20435 | 4 |
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| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| A2M (ASX) Chart |