HDR hardman resources limited

could this explain the recent sp correction?, page-3

  1. 3,559 Posts.
    Hi H.

    I would be surprised if Directors funded the option conversion. Reasoning? Why convert now, why not wait till December. There is no rule saying a director can't convert his options as and when they fall due. However, they would not be able to sell the converted shares during drilling time for fear of commiting insider trading.
 
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