re: Ann: Change of Director's Interest No...
I see this as a small but important decision by one of the directors and one that should be seen by the market as support for the company.
The interesting thing for me is that the stock was continued to be sold down post this announcement.
Shareholders always whinge that the directors of companys should buy shares in the company to show that they are supportive of the companie's projects and prospects. Yet even when they do this, shareholders continue to sell.
Now I admit that the options are well in the money, but it still required an actual physical outlay of $125,000 in cash - not a small amount.
Shareholders who are currently selling this stock down should take a good hard look in the mirror before they criticze directors who do not buy the shares they are directors of.
YTC Price at posting:
46.5¢ Sentiment: Hold Disclosure: Held