Very emotional response iminvestor.Why don’t we take a breath...

Very emotional response iminvestor.

Why don’t we take a breath and look at the numbers/facts;

AU sold 500,000 shares to exercise 600,000 options which isn’t taking any money off the table. All the sale does is fund the option exercise and a bit of cap gains tax. Alternative (if he doesn’t have $180,000 to exercise options) is he does nothing, options are not exercised and expire, his shareholding ends up lower and company misses out of $180,000 cash injection.
The paper profit he refers to is because the share price has doubled since the options were issued which is a great outcome for shareholders. In light of this perspective what course of action would you prefer he had taken? Personally I’m glad to see him backing the company and paying to take up his options. We get more cash and he displays his conviction of further increases in value.