So I posted the question on the investor hub. DP stated that the Directors' did in fact utilise the loan facility to exercise their options.
There is a 3% interest charge per annum and the loan lasts for two years (expires 23/06/2024).
I'm actually glad about this loan facility as it means the Directors' need to work harder to ensure the share prices increases sufficiently to allow them to firstly pay off the loans and secondly to make themselves a nice profit.
Also, DP needs to stump up $30,000 each year that it remains active. Having said that, I'm sure he'll make sure he secures himself that amount in a bonus payment at next years AGM!!
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Last
1.1¢ |
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Mkt cap ! $52.50M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.0¢ | $42.35K | 3.865M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
36 | 12444468 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 54435587 | 48 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
35 | 12314468 | 0.010 |
49 | 28749712 | 0.009 |
24 | 19437821 | 0.008 |
6 | 1971571 | 0.007 |
4 | 591842 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 54435587 | 48 |
0.012 | 12534785 | 18 |
0.013 | 20897673 | 19 |
0.014 | 11908750 | 14 |
0.015 | 5009088 | 10 |
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