Show of confidence by Director

Another sign of confidence in the stock, more options exercised by Director. I suspect this will be the way Tasman will fund itself for the time being as the Directors will be forced to exercise options periodically [every six months] as the Solomans are both substantial shareholders in there own rights which means they can not exercise all there options at once as it would set off takeover mechanisms. You can only increase your holding in a stock in which you hold over 20% by 3% every 6 months without a takeover being triggered. The options have 2.5 years to run so they must exercise to hold there position, they can not exercise all there options at once. Similarly Tasman will have to exercise options in Eden periodically for the same reason. Net result is the Solomans will be part funding these two stocks if they want to keep there positions which in my view is a huge vote of confidence and another pointer as to why Tasman will rise closer to there true value eventually.