I had a call this morning to advise me that all Directors would be taking up their maximum entitlement.The caller had no knowledge of Georgina Bontthon selling 50000 shares last week. I must correct an earlier post when I noted that the shares holdings for the Director had not changed after the sale. Whilst that statement was correct, as stated above Georgina Bonython was the holder of the shares and her holdings were amended accordingly.
kippax
PS Unsure whether to take up the entitlement. I would prefer to see another ANN to push the SP up or extend the closing date.
MEP Price at posting:
15.0¢ Sentiment: Hold Disclosure: Held