Are there some sort of ASX rules that would have forced him to exercise now? Such as not being able to exercise options within a certain period of a sensitive announcement?
Does say to me .. short term bad ... long term good. But then wouldn't that be insider trading? If he knew there was a delay or a disappointment would he be allowed to do this?
Was most of the sale in cross trades? Maybe the share price pullback caught him by surprise and the deal was at a certain price based on the market price at that date? And a big cross spooked the market more?
Surely he would wait for the announcement or at least a higher price in anticipation of it.
Are there some sort of ASX rules that would have forced him to...
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Last
$3.71 |
Change
-0.030(0.80%) |
Mkt cap ! $567.0M | |||
| Open | High | Low | Value | Volume |
| $3.72 | $3.83 | $3.71 | $2.398M | 642.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 32245 | $3.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.74 | 300 | 1 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| BMN (ASX) Chart |