Trading plan, trading plan,trading1 Jun 2019 10:43
The trading plan was "established with the objective of broadly maintaining Mr. Parsons' current equity position in the Company (prior to entry into the Trading Plan; circa 3.1 million shares) at the end of the next 12 months" according to the RNS dated 26th April 2018. After the 26th September 2018 RNS " Mr Parsons is now beneficially interested in a total of 2,602,905 ordinary shares in the Company". Timelines missed again and the 500,000 shortfall has not been made up. Mr Parsons cannot rely on underwater options. Even Malcy thinks the shares are a gamble at 12p.It is a case of don't do as I do, do as I tell you for Mr Parsons( a lot of dodo). He squeezed the pips of poor Mr Michener and got him to buy shares. He couldn't rely on underwater options at 67p and 84p. And what about Mr (underwater options at 48p) JJ? Has Mr Parsons learn't nothing after years of working in the tight Tagi? Have Schlumberger no powerful new device? Can't Mr JJ pips also be squeezed.