I'd put any amount I had in if I could get gifted options and pay 4c to convert when the sp is 45.5c! It's still snouts in the trough. I hate gifted options to directors - especially when the numbers are so high - what 50 million odd this week for LC and 25 million more for PH? I much prefer to see directors paying full price on market - that inspires real confidence. Those 75m ops are basically a gift of $31,125,000 cash when subtracting the 4c exercise. Let's hope they do find a cure for cancer!
IMU Price at posting:
45.5¢ Sentiment: Buy Disclosure: Held
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