It's not a stupid question as there is a danger in what you have suggested in your post happening.
That said there is a saying that timing is everything and I would suggest that the timing for them to exercise and sell the shares on market would coincide with the JORC and scoping study quite well. I'm sure there is going to be plenty of interest in BGS from here till xmas and the extra shares issued would be soaked up quite easily.
While a lot of people seem to be criticising and second guessing BGS/KJ/WW/the market/strategy everything, it is always a good reminder to remember what the objective was when KJ joined this company.
1.He was going to find a COMPANY MAKER.
2.He's found 2 with more to come.
3.Market Cap has increased from 5mill to 78 mill.
Give KJ/WW a break and let them get on with what there doing.
Good Luck All
BGS Price at posting:
39.3¢ Sentiment: Buy Disclosure: Held
