Fact is BB has parked another $10.5M in DVP (total invested so far ~$35M). Chairman exercised 1 week earlier than expiry. They did not sell any DVP shares to finance the options. The options did not lapse. More money in the bank for the company. The optics weigh more towards positive.
Let the market be the judge. 5-Day chart since the options were exercised:
Ann: Develop Receives A$11.55m from Directors Exercising Options, page-57
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Last
$2.46 |
Change
0.005(0.20%) |
Mkt cap ! $669.9M | |||
| Open | High | Low | Value | Volume |
| $2.45 | $2.48 | $2.43 | $387.7K | 157.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 8209 | $2.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.46 | 2396 | 5 |
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| Last trade - 12.39pm 15/10/2024 (20 minute delay) ? |
| DVP (ASX) Chart |