BMN 3.65% $2.84 bannerman energy ltd

director sells shares to purchase options., page-22

  1. 144 Posts.
    Are there some sort of ASX rules that would have forced him to exercise now? Such as not being able to exercise options within a certain period of a sensitive announcement?

    Does say to me .. short term bad ... long term good. But then wouldn't that be insider trading? If he knew there was a delay or a disappointment would he be allowed to do this?

    Was most of the sale in cross trades? Maybe the share price pullback caught him by surprise and the deal was at a certain price based on the market price at that date? And a big cross spooked the market more?

    Surely he would wait for the announcement or at least a higher price in anticipation of it.
 
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Last
$2.84
Change
0.100(3.65%)
Mkt cap ! $499.1M
Open High Low Value Volume
$2.79 $2.89 $2.78 $1.724M 605.7K

Buyers (Bids)

No. Vol. Price($)
1 3500 $2.81
 

Sellers (Offers)

Price($) Vol. No.
$2.84 646 1
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Last trade - 16.10pm 29/07/2024 (20 minute delay) ?
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