Paul Kitto put an extra $200,000 into AMX, increasing his...

Paul Kitto put an extra $200,000 into AMX, increasing his holding by 800,000 shares.

He did this by selling 1.2 million shares for $600,000 at an average price of 50 cents per share and exercising 2 million 40 cents/share options at a cost of $800,000.

So after these transactions are taken into account an additional 800,000 shares cost $200,000 - that is 25 cents per share.

The following is from the 9th. July ASX release:

Number acquired

2,000,000 Ordinary fully paid shares (upon exercise of Options


Number disposed

2,000,000 Options (exercised)
1,200,000 Ordinary fully paid shares


Value/Consideration

Options exercised for consideration of $800,000.
Shares sales net proceeds $600,000.