IMHO,there is almost 0% chance of directors exercising options, the maths dosent add up and i havet seen any of these guys on brw top 100 or even 200. To throw that kind of money to purely give the market some confidence for a day is a very expensive boost. At the end of the day what matters to gdn is whats down the hole. And i think for two wildcat wells to date in this area they are doing extremely well. Sure theres been stuff ups in first well, but drilling that deep there are always risks. And sure the management have a unique way of delivering info, and there integrity could be at question, particuarly when it comes to updating the market with bad news. But put yourself in there positon, You know if you dont post positive news, share price punished. Post bad news, share price punished. Post ambiguous news, share price punished. What will matter in the end is the gas and the market will eventually price that regardless of directors strengths weaknesses or buying, exercising unviable options
GDN Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held
