"Why doesn't he buy onmarket??"
My thoughts on this are that I would prefer the CEO to be concentrating his efforts on the performance of the company rather than on the performance of his own share portfolio.
I suspect that he may be saving up to pay for the conversion of his options before they expire. I haven't checked recently but my last calculation indicated that he will have to stump up approx $4.7m if they all get converted. Of course if they all get in the money the return on that investment will be substantial.
Ann: Annual Report to shareholders, page-32
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$15.68 |
Change
0.680(4.53%) |
Mkt cap ! $331.4M | |||
| Open | High | Low | Value | Volume |
| $14.90 | $15.75 | $14.85 | $431.9K | 28.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200 | $15.21 |
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| Price($) | Vol. | No. |
|---|---|---|
| $15.95 | 300 | 1 |
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