Looking at the latest Change in Director's Interest Notice, even before acquiring another 3,000,000 unlisted options, JT Kopcheff held (some or all as incentive freebies no doubt):
- 1,080,000 partly paid shares paid to 1 cent, 59 cents per share unpaid
- 4,200,000 partly paid shares paid to 0.1 cent with 39.9 cents unpaid
- 100,000 partly paid shares paid to 10 cents with $3.40 per share unpaid
- 1,000,000 ordinary fully paid shares
The 60 and 40 cent options are not too unimaginable, but what are the $3.50 options? Is he planning another 10:1 share consolidation, or can something else be read into that? Or do I need new spectacles?
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James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
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