Management are currently in a black out period 30 days either side of the half yearly being announced. They cant purchase any shares on market until the end of March. I would much rather management take options with 8.4c conversion price, than taking cash from the company at this moment in time. Hopefully management do dip into their pockets after the trading black out period & SPX maximises the current cash on hand to accelerate revenue growth.
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- Ann: Change of Directors' Interest Notices
Ann: Change of Directors' Interest Notices, page-35
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