SYT 0.00% 0.1¢ syntonic limited

re our cfo Mr Ben Rotholtz cashing in on his shares why? it did...

  1. 293 Posts.
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    re our cfo Mr Ben Rotholtz cashing in on his shares why?
    it did not look good, then i thought he has 20,000,000 unlisted options exercisable at $0.03 on or before 28 February 2027 were issued to the Company’s
    Chief Marketing Officer as approved by the shareholders at the Company’s General Meeting held on 23 May 2016
    in line with the Company’s approved Incentive Option Plan.
    so he sold 16,881,436 shares at say 0.03c to give him $506,443.00 in cash
    to pay for the options of $600,000.00 giving full shares and then putting himself in the top 20.
    he may not have had a spare $600 thou to play with
    just a thought
 
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Currently unlisted public company.

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