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Ann: Appendix 3Y - Damian Banks, page-3

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  1. 16,933 Posts.
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    "Well if skin in the game from Directors/Insiders, is an investment factor to be taken into consideration, then these two are living proof of COMMITMENT.
    Follow the cash."


    While these relatively recently appointed directors have indeed bought shares out of their own pocket, these latest announcements reflect them merely exercising deep-in-the-money options ($1.25 exercise price).

    So I wouldn't get too excited about these updated Appendix 3Ys - these directors are merely accepting free money.

    .
 
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