Options were 2.5c + execution 7.5c (10c total), so technically these are at a loss. The directors have continued to put money in at every cap raise 5.5c, 13.5c, 10c+ options and unlike you an me it's actually very difficult for the directors to sell on market. Generally, a takeover is the only way the directors can get their money out. The GBM team are not in this for the short-term and this is demonstrated by their long-term strategy for the Drummond basin which has remained the main focus since Peter took over in 2019.
GBZ Price at posting:
9.4¢ Sentiment: Buy Disclosure: Held
