spotlight on mae, 30 june 2009, page-10

Has anyone given any thought to the fact that if the Directors were to purchase shares using their "out of the money" options, they would almost certainly be subject to insider trading proceedings?. Regardless of if they purchase shares "on market" or by exercising their options, they would be doing so with insider information as one would have to assume that they would be abreast of any progress on the company sale. Exercising options is akin to buying shares. They cannot even trade any derivatives in MAE if they posess any insider knowledge.

As a result, I would not be surprised if their options lapse. Does anyone really think that they deserve a financial windfall at SH expense anyway?. I think they should all be removed for pure incompetence.