director sells29 Nov 2013 19:47
I asked ST the same question about Neil Peniket...and also why he himself did not put his hand in his pocket...even if to bring a little stability and confidence...I am sure he won't mind me showing his reply.......
I have 10 years of my life at the rate of 14 hours a day 6 days a week, plus 1 million shares and 2m under option invested - that's a lot. I have this investment because I believe in SRT. Our short term share price is a function of perception rather than reality and as such I prefer the business to be the thing that investors evaluate rather than me or anyone else selling/buying shares.
I appreciate people read into these things - they shouldn't with SRT. I strongly believe that everyone and anyone should be able to buy and sell shares as and when they like, provided they are acting within the rules. People do this for their own reasons.
For staff I encourage people to convert share options into cash. This vital message ensures that they deliver their objective. And in our case this results in 40 highly motivated people who are able to operate a global business with 140 customers.
I know this type of thing makes people anxious - but in SRT's case that's a mistake. Please look at our business objectively. I do and that's why I have dedicated the best years of my life to this when I could very easily have taken a job with a larhe multi-national on a salary many times higher than I have with half the work.
Rgds
Mr T