Champee -
http://www.copyright link/technolog...es-suffer-share-price-plummet-20160726-gqdz8u
Bear - i doubt it. not guilty until found guilty although you might be right in that it causes a stench about the company.
R3N -
There are also 7m 20c options held by the old Fortunis shareholders, 5.8m of which are listed below (grabbed from old Fortunis reports/prospectus). Most of them were held by the ex-directors (i've put an asterix next to these names).
How will these guys exercise the options? The easiest way is to sell their existing shares to fund the exercise... That's why as i said, the company needs to find new shareholders onto the registry and quick.
` ` ` ` ` ` 1 22-Jul-14 3-Jul-15 7-Sep-15 6-Sep-16 ` 20c Dec 2016 options (assuming not traded) 2 ALEXANDER PETER + S * 1200000 1360000 1362215 1130000 ` 1100000 3 GIOVANNI NOM PL * 1200000 1200000 1200000 1100000 ` 1100000 4 BEACHSWING PL * 500001 500001 500001 475001 ` 1000000 5 MACKINNON BARRY J + P A 1209477 1209477 1209477 1109477 ` 1100000 6 RECO HLDGS PL 1200000 1200000 1200000 1150000 ` 1000000 7 WILLIS PETER DREW 500000 500000 500000 not in top 20 ` 500000
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