a simple email and you will get the answer. here's the prompt reply from gilbert rodgers.
"Thank you for your email below. With respect to your queries, we direct you to the Appendix 3Y lodged by the company on 29 December 2010, which clarifies the queries clearly."
take a look on 29/12/2010 ann. -- craig mackay exercised option
2,500,000 Unlisted (Class C) Opts expire 31/12/10
added $375,00 to GMR kitty
craig took some profits. so what?? he still has..
Class D options expiring 31 December 2011 exercisable at $0.15 - 2,000,000
Class F options expiring 22 November 2014 exercisable at $0.27 - 3,500,000
Class H Options expiring 21 November 2015 exercisable at $0.29 - 5,000,00
did anyone applause the directors when they participated in rights issue and exercised options to pump money into the co.?? no, because no one cares back then.
the directors have lots of skin on the co. then any of us here. give craig a break. he's not matthew wood!
those in doubt i urge you sell tomorrow. i'm still in accumulattion mode.
good answer gooch.
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