How does it signal the MD backs himself?
He's paying for shares that are already trading at nearly twice as much as what he's paying to acquire them.
The more suspicious part is why he waited so long to exercise them.
Ann: Develop Receives A$11.55m from Directors Exercising Options, page-17
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Last
$2.20 |
Change
0.050(2.33%) |
Mkt cap ! $567.7M | |||
| Open | High | Low | Value | Volume |
| $2.16 | $2.21 | $2.16 | $681.0K | 312.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 386 | $2.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.20 | 1777 | 3 |
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| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| DVP (ASX) Chart |