I assumed you had read my previous posts regarding change of director's interest.
As latest announcement Sheard still holds 2m unlisted oppies at the exercisable price of 15c. If he converted 2m oppies to shares, he would realise a profit of $400k based on share price around 35c.
I hope this is just an assumption.
Friday's movement was a bit abnormal, I reckon, cap should perform much strongly as further $1m confirmed BMG has been committing the deal.
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