You're right - he had no reason to exercise early but would you accept he also had no reason not to - in fact, the only signal or message that would've reverberated with the market if he had converted much earlier would've been one of absolute confidence and support. Waiting until the very last possible moment doesn't really sing the same way, does it?
Ann: Develop Receives A$11.55m from Directors Exercising Options, page-48
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Last
$2.17 |
Change
0.030(1.40%) |
Mkt cap ! $529.5M | |||
| Open | High | Low | Value | Volume |
| $2.13 | $2.17 | $2.10 | $1.514M | 707.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8000 | $2.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.18 | 3552 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| DVP (ASX) Chart |