So he had 1.8 million shares
sold 1.45 million shares on market for 67c - $970,000
purchased 2 million option shares for 40c - $800,000
now has 2.3 million shares and a tidy $170,000 in his pocket.
economical sure, but not the show of faith you might expect
Ann: Change of Director's Interest Notice - M Hepburn, page-4
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