ok , i have tryed to go thru ASX announcements to find change in directors interest notices. Please go thru these figures for yourself for accuracy.
Dr Henry Pinskier acquired KSXOA options;
11/5/07 309,000 $8,652 Average price 0.028 6/6/07 200,000 $1,800 10/7/07 300,000 $17,085.90 Average price 0.0569 13/7/07 500,000 $50,154.99 Average price 0.1003 19/9/07 204,508 $27,250 Average price 0.1332
Total: 1,513,508 $104,942.89
Please check all these figures and numbers for accuracy.
Now, if you were a director would you just keeping buying options on the market, if you did not feel confident that they would be well in the money prior to expiration?? We are talking about $100k approx of his own personal wealth???
ok, if he bought them and things were not all that rosy don't you think he would have cashed in on it by now?????
And in terms of conversion look at the average price of last 3 separate purchases of options well below current sp upon exercising...So would he exercise now??????
To me the story does not add up......and i still feel that something must come......
any other views????????????????
.................DYOR..........
KSX Price at posting:
0.0¢ Sentiment: None Disclosure: Held