I agree, Chook. The change of Director's Interest Notice simply advised that Richard Sciano had not taken up his Class D and Class E Director Options, and that he retains the same number of shares (whether personally or via Auctor Group) as before. It would have been silly of him to take up the options at the redemption price, even though the GDN (and us shareholders) may have benefited from his charity. But why should he do that? His overall commitment via a total of 5,694,300 shares is substantial, and he retains those (unless I missed something) - an indication of his ongoing faith in GDN. All it signifies is that the options everyone has been crying crocodile tears over (with reason) are dead, and we should look forward to the longer term future with the commercialisation of what has been discovered in PB1 and PB2, about which we should learn more soon. Sciano has already outlined the timetable for commercial production.
- Forums
- ASX - By Stock
- md's shareholding tells story...
I agree, Chook. The change of Director's Interest Notice simply...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GDN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online