revelation
Ruane sold heads for $1.50 not $1.60 (370K for $555,192)
&
Exercised 1.53m oppies @ 20 cents = $306K
So he was net cash from the transaction just $150K (& who knows, maybe he's waiting for a retrace to spend that too?)
The GREAT point about this type of transaction by a director is that he is pumping working capital into the company TODAY whereas if he sits on the oppies until exercise date (like everyone else) the capital is unrealised.
I personally hope he exercises even more of his options (to inject even more working capital) & sells a few of his existing heads to finance it, because then there will be a bit more liquidity for other buyers of the heads.
It's all good in my view
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
4.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.88M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 58342 | 4.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.5¢ | 30063 | 1 |
View Market Depth
| Last trade - 10.00am 19/09/2025 (20 minute delay) ? |
| RWD (ASX) Chart |
Day chart unavailable