Ann: Change of Director's Interest Notices x 2, page-23

I am glad you admitted to the "David PRENTICE exercises options to the value of $25,500" mistake, and a friggen BIG mistake at that.

That was my main gripe.

But, two things.

1) The month is not over yet.

Why do you think they have re-organised their holdings just before the option exercise deadline runs out?
Tax planning would be two words that come to mind.

2) Are you aware that those " free options" whilst issued without a " cost" actually have a calculated value at the time of issue, which the recipient has to pay income tax on for the tax year of issue.

Do you think that anyone who has a tax liability to pay for the issue of " free options" won't exercise some/ all those options when they are in the money? If they don't then they are paying income tax on something which has no value after 30 June 2022.

As I said, read it again and understand what it actually means.

Having said all that, if the directors don't exercise most/ all of their options before for June 30 , then I will agree with your last "What a joke!! " comment and post accordingly as it won't be a" good look ".

But somehow I doubt that is going to be necessary.