FEX 9.09% 30.0¢ fenix resources ltd

fex 2021, page-411

  1. 1,316 Posts.
    lightbulb Created with Sketch. 148
    If the seller is the director who just exercised 10m options, he might be selling because he doesn't want such a large holding in one company & be one of its largest shareholders. In the last Annual Report he had no interest other than those 10m options. That would be fair enough.

    He might also be about to resign shortly, now that production has started.
 
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