Looking at the latest Change in Director's Interest Notice, even before acquiring another 3,000,000 unlisted options, JT Kopcheff held (some or all as incentive freebies no doubt): - 1,080,000 partly paid shares paid to 1 cent, 59 cents per share unpaid - 4,200,000 partly paid shares paid to 0.1 cent with 39.9 cents unpaid - 100,000 partly paid shares paid to 10 cents with $3.40 per share unpaid - 1,000,000 ordinary fully paid shares
The 60 and 40 cent options are not too unimaginable, but what are the $3.50 options? Is he planning another 10:1 share consolidation, or can something else be read into that? Or do I need new spectacles?
VPE Price at posting:
25.5¢ Sentiment: Hold Disclosure: Held