BGL 6.32% $1.35 bellevue gold limited

Ann: Successful completion of A$150M placement, page-120

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  1. 883 Posts.
    lightbulb Created with Sketch. 174
    Totally agree kit.

    Let's not lose sight of the fact that, during the 5 working days from Monday, 22 April to Monday, 29 April, one Director sold 6,162,526 shares at an average price of $1.756 for a total of nearly $11M (with another $1M worth from an associated Super fund), "in part to meet personal tax obligations".

    I only wish I had that sort of tax problem ... and if same director now fronts up to buy his full allocation in the SPP at the full price of $1.55

    ... I, for one, will not be sending him a letter of appreciation.

    Last edited by hudathunkit: 01/08/24
 
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