The main reason I am against the $2 option price given to directors is due to the Delta deal. The share price was cruising above $2 after the Delta deal and all of a sudden the manipulators took control of the shares and drove them down in readiness of Equity Raising!
Management would have all the peasants believe that after the Delta deal the share price was worth less than before the Delta deal? Management would have all the peasants believe that your directors are working for "All" stakeholders equally?
Remember these famous words " We have never raised any equity, as to why no share holders have ever seen their share holdings diluted in percentage.
Insider trading is forbidden on the ASX, and anyone found guilty will be prosecuted by the laws of the land.
Lucky for all of us, we are deemed as "Thick as two bricks" so no way anyone will be targeted.
SMN Price at posting:
$1.53 Sentiment: Buy Disclosure: Held
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