Think you will find that the sale made was to cover taking up the options expiring on 3 Aug 2018. A further 10 mill options for the same date as yet to be exercised. (Say he sold 6m @0.0375 =$225,000, then to take up the options [email protected]=$181.500 leaves him with $43,500 to cover any living costs. I think that's fair enough, AND):
From the current date, Joe has increased his holdings by 4 mill taking his direct interest from 19.75 mill to 23.75 mill shares, with 10 Mill options yet to be exercised.
I've no problem with his finances Minty4.
Cheers.
Think you will find that the sale made was to cover taking up...
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