CCP 1.67% $14.09 credit corp group limited

questions to be answered at the agm, page-4

  1. rab
    4,545 Posts.
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    G.L. still has 655,000 shares plus assorted options. Looking to pick up another 600,000 options at AGM tomorrow. Exercise $8.20.

    He exercised 150,000 at $3 = $450,000

    Sold 140,000 at $11 = $1,540,000

    The difference between $5.70 and $11 =$5.30
    ($5.70 is the price if sold now)
    $5.30 x 140,000 =$742,000

    The $742,000 is the extra profit for selling at the right time.

    IML did well,but they have been selling for months.

    Fisher Funds increased their holdings on 4 oct.They will have some questions.
    RAB
 
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