TOX tox free solutions limited

vote of confidence - director buying on market, page-3

  1. 1,739 Posts.
    Hi,

    I have a holding in this company. I think its amazing value. Net profit after tax for 1/2 year should be over $1Million, and company has been showing consistent profit Growth.
    For a Growth Stock, the PE is unbelievably low .. around the 5-6 mark.

    But here is my current question:

    Why would a director sell 1,000,000 options and buy 1,000,000 shares? If he thought there was more growth left in the share price, surely it would be better to hold onto the options?

    Joel


 
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