director excercises all expiring options, page-3

Can 't follow your logic pp sorry. Exercise of these options cannot be seen as positive or negative. Exercise price was 2 cents and shares were 5 cents plus so even blind freddy would exercise rather than lose the option.

The fact he sold shares to pay for them tends to put a ceiling on what he thinks they are worth at this time. Value might well increase over time but I think his actions might have put the brakes on for a little while unless he was selling out to friendly parties.

In terms of reporting quickly, nothing positive about that as it is a legal requirement.

True, he could have sold more shares and time will tell just how many more (if any) he will sell. Unfortunately I have to agree with Rogues, sensible for holders to watch and see before topping up.

von.