From today's Sydmey Morning Herald
All I can say is you had better get your boat orders in soon ... there could be backlog. Nixon's done well for someone who was voted off Atla's board just over 12 months ago. Good work if you can get it.
"The rewards keep coming for iron ore Christopher Webb
October 30, 2010
Heading the turnover value table was an executive director of Brockman Resources, an iron ore project owner in the Pilbara.
The stock has enjoyed a terrific run; since 2008 it has appreciated from 50 or thereabouts to current levels of $4-plus.
Colin Paterson, a geologist, peeled off a modicum of stock, raising $4 million from the sale of shares at $4 apiece.
He's still got plenty left - 2.5 million shares and some options, nicely in the money.
He was joined on the sellers list by David Nixon, a non-executive director of Brockman.
Nixon had the considerable pleasure of exercising 100,000 options at $1.30 and then flogging the shares at $3.97 a share. Lovely."
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