You highlighted that parts that make my case.1) A transfer of...

  1. 2,804 Posts.
    lightbulb Created with Sketch. 311
    You highlighted that parts that make my case.
    1) A transfer of shares from one entity controlled by the director to another is not a change in the directors actual interest.(It wouldn't be reported I think)
    2) You didn't explain why Daler would transfer to another entity at a profit to one entity (tax burden). Why would anyone do that.
    3) Your math is wonky and weird.


    Finran Pty Ltd had 198,303,816
    Sold 45m = 153,303,816
    Bought 15m = 168,303,816

    Finran Capital Management directly purchased 50m shares for $1m


    >198,303,816 shares down to 148,303,816 and then purchased 20,000,000 for ~3.5c to end at 168,303,816
    The announcement reports the actual transactions Kev, you are just making this up.


    Last edited by DanMachine: 29/10/24
 
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