Thanks for posting your counter-argument. Points taken!
1. I do believe that you only have to pay CGT if you sell your options prior to exercise. If you exercise them the CGT clock starts again from the date you exercise and then you only pay tax when you sell. 2. Of course the Company want the share price to remain above the exercise price. Hence why there is a 20 million share order and a couple of 10 million share orders sitting at 1.1 c to prop the share price. 3. I understand that all shareholders receive any dividend paid. Scenario: They pay a one cent dividend. DP receives $1.1 million without even having to dip his hand into his pocket. What if he decides not to pay off his loan? That's a free $1.1 in his pocket. Even a .1 cents dividend gives him $110,000. 6. Do you know their full itinerary? If this Company is so great, why aren't we seeing any form of share price increase? Why aren't we seeing a re-rate? Why aren't we seeing on-market buying by management? Why aren't we seeing any form of monetisation? Why aren't we seeing more wells being spudded? Everyone on this forum is speculating on what may or may not happen. That's because no-one has any idea what management is doing? There is no plan. Thanks again for your comments.
BRK Price at posting:
1.3¢ Sentiment: Sell Disclosure: Held
(20min delay)