re: Ann: Change of Director's Interest No... We should keep the director's demonstration of confidence in perspective. While they have voted themselves lots of options, they hold 1.77m shares between them worth $70,800 on current prices. The company secretary holds only options.
Compare this demonstration of faith with the company salary bill for the board and it appears the commitment is pretty thin.
Perhaps prior to the next round of drilling results being reported we may see a little more faith being shown. The major shareholders took up new holdings in the recent capital raising which adds to the likelihhod of a takeover move once NAE is up to the indicated reserves stage.
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Mkt cap ! $9.470M | |||
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