RE: 6 Billion market20 Jan 2017 13:19
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 57.5p allowing JB and his lots to dump the shares again shortly when sp reaches to 70p. Judging by past records, they will surely do. They are the culprits of dragging the sp down. Unless they stop ill-treating the shareholders, the sp won't be responsive to positive RNSs.