BRM brockman resources limited

technicals brrrreakout, page-29

  1. 9,439 Posts.
    "Looks like the directors are selling to WN so they can afford to excise their options perhaps."

    Not a bad assumption Nuke except that the Directors don't need to use any of their money to exercise their options .. they just use shareholders cash for that :)

    My "out on a limb" theory is that part of the WN terms of the raising is that they acquire the max number of shares they can at $4 and to achieve this they need the Directors to sell out too. I'm thinking more and more this smells like an orchestrated acquisition to me.
 
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