You would think this is a big confidence boost unless he plans to just dump them on market but if that was the case why exercise the 40cent shares.
No idea what % he holds in Pond Ventures but to be willing to buy 1mil shares in his own name whilst Pond Ventures has 36-37mil shares means he is keen to own more = good sign
Ann: Appendix 3B - Option excercise, page-4
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