A director paying $600,000 to buy 3m odd MMR shares at 20c per share is like someone offering me 1000 ounces of gold today at $300 an ounce - would I take them up on it? Of course I would! Now I am not saying it is a bad thing that Breeze converted his options, but just saying lets not read too much positive into what was a no-brainer decision for him.. A better indicator will be if he actually holds onto the shares for at least the next month.
MMR Price at posting:
$1.04 Sentiment: Hold Disclosure: Held