Can 't follow your logic pp sorry. Exercise of these options...

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.