Too bad he didn't buy 9 million on market around 10c, that might have supported the share price, and not be causing even more dilution for shareholders. Converting options means his money has just gone back into TNT's coffers too, whereas an on market purchase would have meant his money would have gone to existing shareholders.
All IMHO, DYOR
TNT Price at posting:
10.5¢ Sentiment: None Disclosure: Held