He needed the money to convert all his options, another lot due next month.
This is the bonus the board get when they take a stock from 3 cents to 30+cents.
He will own nearly the same number of shares at the end of next month.
Not the only CEO to do this.
• 5,000,000 – Unlisted Options, expiry 31 July
2021, exercise price $0.09 (LKEAA)
My bonus was a 400% rise in my average.
Ann: Change of Director's Interest Notice x 2, page-6
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