AGS 0.00% 17.5¢ alliance resources limited

director selling the reason cause market panic, page-20

  1. 6,316 Posts.
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    wrxsti


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    Over the ensuing days that all this was transpiring, concerned shareholders were ringing or emailing the Company to ask if they knew why the stock was falling consistently.
    If what he did is such a small thing, why is it none of them were told "It's just a Director selling a large wad to convert his massive parcel of 'in the money' unlisted options - there is nothing to worry about".
    I wonder why?
    I mean that's for the benefit of all AGS shareholders,
    surely ........................... - NOT!!!!!
    Let's be very, very 'real' here!

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    They would not have been at liberty to say.
    Thats the reason for the announcement.

    I'm not sure why you are so annoyed about it.
    It was his right. His entitlement.
    As Zipper pointed out, it could very well be for tax purposes.

    What do you expect him to do?

    Wait for another few months while the shareprice increases then pay more tax down the track.

    If you are that annoyed about it, why don't you ring the company and air your grievience with them?

    Cheers markco2
 
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Currently unlisted public company.

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