Ann: Change of Director's Interest Notice - Michael Perry, page-33

You can call it a 'quibble', but I'm just correcting your error and stating a fact.

You are incorrect - tax is not payable "immediately". That is a fact. You get assessed for tax at the end of the financial year and depending on your earnings, deductions etc you will get sent a tax bill if applicable, to pay.

Again, the issue raised by others here is the ongoing selling of shares over a period of time. What I suggested, which is common practice - is for the company to facilitate a single block trade to a buyer. This off market transaction often introduces a new shareholder to the register who wants to buy, but may not find the necessary liquidity to do so on market.

It also removes the ongoing negative sentiment generated from continual notices of the CEO selling shares over many months.

Structuring a remuneration package that apparently incentivises the CEO to consistently dump shares on market is not desired by many.