BIT 5.00% 1.9¢ biotron limited

Gilead drug showing effectiveness against coronavirus, page-35

  1. J8
    14,606 Posts.
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    You really need to do a lot more research before you go off half cocked.

    All directors sold shares in order to raise money to convert their options, which were due. Them selling was a good message for other option holders to do the same, which a lot of smart players did. There would also have been tax to pay. Nothing to see here. Look at their overall increase in holdings over the last few years and the money they have put into shares. Apart from Michelle, who was gifted some of her options as incentive for the P2 results, all directors took up capital raises to receive their share of options, like any other investor.
    Last edited by J8: 17/04/20
 
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