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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director sells shares to purchase options., page-22
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$2.83 |
Change
0.090(3.28%) |
Mkt cap ! $504.4M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
6 | 2560 | $2.83 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.84 | 13457 | 23 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 556 | 2.820 |
15 | 11996 | 2.810 |
7 | 8968 | 2.800 |
5 | 19913 | 2.790 |
3 | 68402 | 2.780 |
Price($) | Vol. | No. |
---|---|---|
2.830 | 10434 | 26 |
2.840 | 15904 | 20 |
2.850 | 10126 | 16 |
2.860 | 22316 | 8 |
2.870 | 23232 | 4 |
Last trade - 15.13pm 29/07/2024 (20 minute delay) ? |
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