It looks as though the discussion on this is dying down, so at the risk of prolonging it a little, here is another lens to look at this through.
Before the sales disclosed in the announcement, DrC had 8.59m shares.
If we eventually get bought out for $30 (a tad conservative in the eyes of some perhaps), this would have yielded $258m.
However, having sold 300,000 shares, he would now be in line to receive $249m.
Now $9m is likely to be a huge amount for us on HC to contemplate missing out on - but in a couple of years receiving $249m instead of $258m probably wouldn't register too much (first world problems, I know).
It looks as though the discussion on this is dying down, so at...
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Last
$1.55 |
Change
0.140(9.93%) |
Mkt cap ! $257.8M | |||
| Open | High | Low | Value | Volume |
| $1.43 | $1.55 | $1.43 | $419.7K | 282.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13000 | $1.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.55 | 31081 | 2 |
View Market Depth
| Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
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Last
$1.52 |
Change
0.140 ( 9.79 %) |
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| Open | High | Low | Volume | ||
| $1.45 | $1.55 | $1.44 | 23501 | ||
| Last updated 15.58pm 13/05/2024 ? | |||||
| RAC (ASX) Chart |