IF ..... the other Directors jumped in with decent orders it might mean something. But hard to see what it means as things stand. Firstly, he just happened to get a week of ultra low prices (last week) to set such a low strike price on his (incentive??) options that I would not have believed that whole deal considering share price was once over $1. A 22.5c option strike price.
His trivial $14k purchase might just be to help get SP moving towards strike price of his 15M options. What are shareholders who invested at 50c+ in this growth company expected to think of all this? He should not have been given those options after the company had switched from growth to shrink in a big way.
The "capital management initiatives" appear to have included a double hit to shareholders ... 1. scrap div 2. dilute value of their holdings by stealth ie issue of MD options.
Ann: 3Y - Conidi - 12 Feb 2016, page-22
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Last
30.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $319.8M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.5¢ | 30.0¢ | $2.076M | 6.868M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 42167 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 241125 | 8 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| CAJ (ASX) Chart |