Doing so given the current SP seems like a bit of a no brainer, but following a rejection, I think circa 30c is quite likely, so to spend 200k exercising your options to risk that doesn't sound like a wise choice.
If he sells in the meantime however, a more than 100% gain.
What is the window for directors on trading? Would he be locked out until after the announcement now?
PXS Price at posting:
67.1¢ Sentiment: Hold Disclosure: Not Held
