director takes up $520k worth.

This is what I like to see putting your money where your mouth is, can't wait to see the new top 20 in GLA. $ 520k in your own stock on top of what he all ready had means he's not a small fish .Makes me feel like a chap in a cheap suit so I might have to work on that :))
Asf no I didn't know John Palermo is a Diplomat/Honorary Consul, for Uruguay. Thanks for that.
Has anyone noticed the price of GLAO ? The sp of GLA should be 11c at least.
Looks like some people are selling the heads to buy options.
Creates a perfect scenario , plenty of value in both shares and options.
The sp will go to 11-12 to catch up to the option price, then the options will be cheap .........
Last time I saw this was a few weeks ago in LIN, where 2c issue LINCO came on at 4c , yesterday they hit 20c.
When GLA hits 60c GLAO will be 52c at least.
Welcome Whiteknight , good to have another chartist around , my broader picture is the gap will close at 14c and the again at 17c.
Opies just came on at 1.3c , I'm glad I topped up yesterday.
Happy to be a gladiator.
Good luck all.


Appendix 3Y Change of Director’s Interest Notice
Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.
Introduced 30/09/01 Amended 01/01/11
We (the entity) give ASX the following inform ation under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.
Part 1 - Change of director’s relevant interests in securities
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.
+ See chapter 19 for defined terms. 01/01/2011Appendix3Y Page1
Name of entity GLADIATOR RESOURCES LIMITED
ABN 58 101 026 859
Name of Director
JOHN PALERMO
Date of last notice
28 December 2011
Direct or indirect interest
Indirect
Nature of indirect interest
(including registered holder)
Note: Provide details of the circum stances giving rise to the relevant interest.
Dolphin Technology P/L (Director & Shareholder) Seashells Resort P/L (Director & Shareholder) Nobis Holdings P/L (Director & Shareholder) Finebase Holdings P/L (Director & Shareholder)
Date of change
18 April 2012
No. of securities held prior to change
6,235,000 500,000 2,000,000 2,000,000
Ordinary fully paid Options ex. @ $0.35 6/07/12 Options ex. @ $0.50 6/07/13 Options ex. @ $0.70 6/07/13
Class
Ordinary fully paid Options exercisable at $0.35 before 6/07/12 Options exercisable at $0.50 before 6/07/13 Options exercisable at $0.70 before 6/07/13
Number acquired
8,731,291 Ordinary fully paid 8,731,291 Options ex @ $0.10 before 30/6/15
Number disposed
NIL
Value/Consideration
Note: If consideration is non-cash, provide details and estim ated valuation
$523,877.46