Ann: Trafford to Exercise IronClad Options , page-9

re: Ann: TRF: Trafford to Exercise IronClad O... This has got me stuffed....looks like way too late to have much impact on other option holders, but if that wasn't the intention why the announcement now ??? I am totally confused. Even BBB's last post doesn't make any sense ! If directors do want to encourage option holders to exercise it is a ballsy play to wait until now. Those who have bought substantial numbers of options on spec will not have time to unload to those who are willing/able to exercise. What I come back to is faith in the worst element of human nature - looking after number 1 . Ian and crew have most of their investment in TRF and if they are willing to exercise their options that says it all for me.