RHK 0.63% 80.5¢ red hawk mining limited

appndix 3b

  1. 7,289 Posts.
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    Director sells 5,900,000 heads but buys 6,769,969, options, all at market prices.

    Good sign of confidence with such a short expiry time.

    There must be the presumption of greater leverage in the options for him to do this. The sale of the heads was purely to fund the purchase of a greater number of options.
 
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