Right thank you for that. I appreciate your explanation. I can see for tax reasons why he would gift them, but easier to do that now than down the line when the rules/allowances may change. I see the other thing you mention as a different matter entirely. Dumping his shares is his way of making money for him. What's stopping you from doing the same. I'm not in any means defending his actions but we are all in this to make money. In two yrs time you might be thinking what was I complaining… Read More
By transferring 50,000 shares to his children, JB is telling us those shares will be sold later as well. Such a move is for tax purposes, allowing him to pay less capital gain tax when they are actually sold. If he is good to his children, he can simply transfer some of his money into his children's bank account. Why need all the hassle and issue a RNS to inform the market? If not selfish, it is stupidity, isn't it? Also, by setting the execution price of the new options at a low price of… Read More
Sorry chariot I'm confused so can you pls explain? What has JB done other than gift shares to his children or have I missed something else? Agree that this sp will reflect its assets in yes to come and will be a market leader.
I do believe FUM is a multi-bagger and as I said before giving it a bit of time like 2 to 5 years, it will reach £10 a share. Some of here said I am a dreamer, just as no one could have predicted Asos could be a hundred-bagger after 10 years. That's why I am continuing to load up, two last traders yesterday was mine; they were actually buys but shown wrongly as sells. But, looking at history, whenever the share price was up to a certain percentage, all executives sold part of their… Read More
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