RE: And still the Directors' are preoccupied14 Dec 2021 14:11
Mark O'Dea 400,000 Disposal 50,000
Lenard Boggio 300,000 Disposal 0.
Robert Pease 300,000 Disposal 0.
There are 1.9M options that can be exercised before Dec 21st. Above is the first 900000. It is comforting to see that only 50k of these have been sold. Although I expect Mr 'Oh Dear' could afford to settle his tax from his already bulging pockets, it is quite common practice to sell some options to cover tax in Canada. The fact that the others did not, tells you how undervalued the shares currently are.
I expect further RNS regarding the other 1M, Im sure Labrenz will be 'awarded' some, Lets see if he keeps them.
Is it possible that not all options will be exercised due to the recent departure of a director.
Bottom line, they have not hit the market, hopefully the others wont either. After this the next dilution will be the warrants that expire in July, these are priced at $0.85 CAD, so almost certain some upside in the next 6 months, hopefully $1.00 CAD and my exit.