bosley
- 20 Feb 2004 09:34
bhunt1910
- 03 Nov 2005 12:39
- 12429 of 27111
Bos - no news - but not really expecting any - I think it is simply outlining the schedule for the CC to both parties.
Baza
greekman
- 03 Nov 2005 16:53
- 12430 of 27111
Must admit, the disposal does not look good. ( see RNS ).
Exercise of options and PDMR transactions in shares
Biscuit
- 03 Nov 2005 16:56
- 12431 of 27111
Why does it not look good Greekman?
belisce6
- 03 Nov 2005 17:06
- 12432 of 27111
technical director disposing of half his options when exercised.....doesn't look good because it may show people that he doesn't believe that the sp will be much higher in the short to medium term......although there is always the possibility that the guy simply wanted his "cash" now......[notice the timing of the announcement.....hahaha]
(this topic is something that has always baffled me in regards to director's holdings.....to impress shareholders they must have a decent chunk of shares, but then they cannot make much of it cos if they dump any at the top or as the sp goes higher; then it will look negative towards the shareholders....yet if you were a director and had a fair-sized decent paper profit, wouldn't you prefer to say....buy yourself another house with it??)
greekman
- 03 Nov 2005 17:19
- 12433 of 27111
Yes, I agree that it could be a take of a reasonable profit. Not trying to de ramp as I am a holder of SEO since the days of 4p, its just that if you were a director, looking towards a significant rise within the next couple of months as we ( most ) of us appear to be would'nt you hang onto all your shares. Athough reason for the sale might be an obvious one, ie needs the cash.
I try to put a positive slant on most news related items, as most holders probably do, ( I dont want the sp to drop ) but to me it just did'nt promote confidence.
belisce6
- 03 Nov 2005 17:26
- 12434 of 27111
and the RNS has been put out at 16.47 (according to my MAM screen)....on a thursday arvo......hahaha.......[-trying to sneak it in just as many people switch off for the week ??]
NielsJensen
- 03 Nov 2005 17:32
- 12435 of 27111
If you had purchased below 2p, you'd be daft not to take a profit on some of it. The timing is such that people have time to figure this out before they panic.
Tomorrow may still be bad...
greekman
- 03 Nov 2005 17:37
- 12436 of 27111
Yes thats all I was saying.
Take profit by all means, but what timing. In my own mind I am still confident, but as you say tomorrow may still be bad, after all presumably directors know what's round the corner.
Lets hope the director regrets not hanging on for a few days.
NielsJensen
- 03 Nov 2005 17:45
- 12437 of 27111
He's probably not interested in the stockmarket and is acting on advise from a bean-counter.
Biscuit
- 03 Nov 2005 18:07
- 12438 of 27111
Simply freeing up a bit of cash I suspect, if he wasn't confident he'd have sold the lot.
bosley
- 03 Nov 2005 18:07
- 12439 of 27111
unbelievable!!! how on earth are investors supposed to believe a word that comes from seo when all and f**king sundry get rid of their options at the first opportunity? wouldn't it have been much better if he had kept his options and then bought some more? disappointed.
NielsJensen
- 03 Nov 2005 18:20
- 12440 of 27111
Get real, bos. The guy is doing the right thing. Did it myself, regretted it and then later realised it was the right thing to do.
A rabbit in the hand, err, bird... :)
bhunt1910
- 03 Nov 2005 18:27
- 12441 of 27111
Remember also that once you get into the closed period (next week?) - then directors cannot sell their shares at all - so if he does need the money - then he has little choice.
Baza
NielsJensen
- 03 Nov 2005 18:29
- 12442 of 27111
See how the timing of the RNS now makes sense. EVO no doubt.
bhunt1910
- 03 Nov 2005 18:38
- 12443 of 27111
It would not surprise me to see an RNS tomorrow with an update or even end of year close statement - after all wont EVO have been involved in the timing of todays RNS.
Baza
oblomov
- 03 Nov 2005 18:42
- 12444 of 27111
How long does the closed period last, baza?
KingKonggb
- 03 Nov 2005 19:23
- 12445 of 27111
Didn't Balchin sell some options when the SP was about 4p? Surely he knew what was round the corner but decided to sell.
If one needs the money then one has no choice.
IMHO
Kong
blinger
- 03 Nov 2005 19:38
- 12446 of 27111
Some posters seem to spend most of their lives asleep, or seeing 30p by Xmas.
Down another -5% is the truth, sane people were derided as "mad " to say it would fall to 14p, it has.
Director selling today of the "Jewel in the Crown"-lol, tomorrow the dip has to be aided by that piece of `sanity`, 10p next target, and then down some.
bristlelad
- 03 Nov 2005 19:47
- 12447 of 27111
HI BLINGER SHORT ARE WE/// bet of luck/
ghengis101
- 03 Nov 2005 19:53
- 12448 of 27111
Has'nt anyone in their life ever had " Cash flow problems ".???.
ie: csa,tax demands, costly divorce ?.OK the gentleman concerned has sold some of his options which is probably worth at least 2-3 years worth of his salary,
would'nt you ??