With only 9 days trading days left until the loan is due for repayment,
I cannot see there being enough daily turnover available for MT to sell on market, he would need to sell approximate 2.6mil shares @55c over the next 9 days.
Mr Thompson’s shareholding includes 4 million shares issued during the 2014 financial year as part of a Management Incentive Plan. This was provided via a non-recourse interest free loan amounting to $1,480,000 which is payable by 23 June 2019
Ann: Appendix 3B - exercise of options, page-3
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Last
40.5¢ |
Change
0.005(1.25%) |
Mkt cap ! $173.6M | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 43.3¢ | 40.0¢ | $113.4K | 274.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 26469 | 40.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.5¢ | 10000 | 1 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| TLG (ASX) Chart |