RMX 0.00% 0.1¢ red mountain mining limited

Ann: Change of Director's Interest Notice , page-69

  1. 253 Posts.
    Date of change

    7 February 2014 (1,700,000 Ordinary Shares
    sold on market)
    13 February 2014 (2,807,201 Listed Options
    exercised)

    Raging - What price did the director have these shares as an average? IPO 20c? 17c? 10c? 8c?

    Did Neil buy between May 2013 and January 2014?
    Bought 414,395 23 July 2013 @$0.01 each, so $4,143.95
    5,989,403 25 June 2013 @(1 cent per share offered pursuant
    to pro-rata renounceable rights issue. So $59,894.03.
    50,000 12 June 2013 @ 1c, so $500

    So in all he has acquired around during May 13 to now, 6.4m for 64k or so.

    Oh yes don't forget he bought:

    32,500 Fully Paid Ordinary Shares @ 19,875 at 10.5 cents each and 12,625 at 12 cents each. For 3.6k

    200,000 Fully Paid Ordinary Shares -
    60,000 at 9.5 cents each
    40,000 at 10 cents each
    14,875 at 9.8 cents each
    45,000 at 10 cents each
    40,125 at 10.5 cents each
    So $19870

    300,000 Fully Paid Ordinary Shares
    94,335 at 12.5 cents each
    55,000 at 13 cents each
    25,000 at 13.5 cents each
    125,665 at 14 cents each
    So $39909

    200,000 Fully Paid Ordinary Shares
    14.32 cents each
    So $28640

    97,500 Fully Paid Ordinary Shares.
    8.0 cents each
    So $7800

    100,000 Fully Paid Ordinary Shares
    9.5 cents each
    So $9500

    250,000 Fully Paid Ordinary Shares.
    60,000 at 9.5 cents each
    190,000 at 10 cents each
    So $24700

    All together from IPO to May 13 Neil bought 1180000 shares for $134019.

    Now if I was Neil I would have sold on the peak of 3+ too


    This is only FPO's what he bought, I didnt do all the options that he would have losses on too, Is this an ok explanation Lincoln?

    And besides he sold 1.7m then exercised 2.8m RMXO's putting his profit back into the company register to enable more drilling ect

    Neil was former CEO of Barminco with 35 years exp, that's nearly twice my age., I highly doubt he wants anything but the best for RMX, John included.



 
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