Thanks to Corribus for his post re director transactions In summary Mark Hepburn sold 1.45m shares at@ 67c in order to exercise 2.0m options @40c leaving a cash surplus of $170,000 Let's assume the cash surplus will be used for the subscription to the LEO priority entitlement The cash surplus basically represents 7.4cents per share over his total holding (THIS IS NOT THE ISSUE PRICE) We maybe able to use this as a guide to calculate the funds required for the subscription to the LEO priority entitlement In simple terms 100,000 shares held in FFX will cost you @ $7,400 for the subscription to the LEO priority entitlement 200,000 shares will cost you $14,800 500,000 shares will cost you $37,000 1,000,000 shares will cost you $74,000