ADO 4.76% 2.2¢ anteotech ltd

Ann: Change in substantial holding , page-2

  1. 811 Posts.
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    We all like directors to have plenty of skin in the game.

    Director Richard Martin through his related entity First Cape management now hold over 123 million shares worth around $8.6 million @ 7c

    Directors are a lot closer to the game than the rest of us, and even though this increase is through options conversion, adds another $667,000 to the coffers, and are in the hands of true believers.

    They must have great faith in the future of the company to put themselves even deeper, as they cannot exit in a hurry holding around 15% of the issued shares.

    Great sign of things to come imo.
 
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