PEB - Pacific Edge Ltd

[calledone]

Looks like options to purchase at 0.8 expired. Find it interesting that he was okay with purchasing at 0.8.

Dave still selling.Big sales and now director selling down again.Making me uncomfortable

[nevchev]

Read properly before you post.

What am i not seeing?confused by the announcement

[zs_cecil]

I read this article yesterday. In the article, Dave said the company started to see cash coming in from CMS in Auguest and expected it to continue to grow. Perhaps, we would at least see a small scale of cashflow improvement in the FY21 HY result. Dave must have seen the potential

https://businessdesk.co.nz/article/l...-over-or-is-it

[zs_cecil]

Looks like options to purchase at 0.8 expired. Find it interesting that he was okay with purchasing at 0.8.

I think it means the option ceased with no value. ( perhaps it is too expensive for Dave to exercise it). I am not 100% sure. Correct me if I am wrong.

[calledone]

I think it means the option ceased with no value. ( perhaps it is too expensive for Dave to exercise it). I am not 100% sure. Correct me if I am wrong.

I think if he exercised it, the SP would surely shoot up and maybe it's not time yet lol. I don't know, but I can see it from your angle too.

[Getty]

He would be a mug to exercise[pay up] at 80c, vs buying on market at 63 if he wished, hence their expiry

[zs_cecil]

He would be a mug to exercise[pay up] at 80c, vs buying on market at 63 if he wished, hence their expiry

You hit the point

[BigBob]

Dave still selling.Big sales and now director selling down again.Making me uncomfortable

He received options to buy shares at 80c as part of his remuneration, probably a bonus. Those options have hit their expiration date. The current price of the shares is below 80c.

The options are therefore out of the money and are as such worthless, hence he let them expire. No mystery, no conspiracy, no insider selling - just a lapse of options...

[Minerbarejet]

Next option expiring November might be a different story.

September 2020 September 2016 0.80 750,000 750,000
November 2020 November 2016 0.54 200,000 200,000

Whoever it is owns them may be contributing something to the 2nd half revenue.

[zs_cecil]

Next option expiring November might be a different story.

September 2020 September 2016 0.80 750,000 750,000
November 2020 November 2016 0.54 200,000 200,000

Whoever it is owns them may be contributing something to the 2nd half revenue.

I bet Dave would sell his own shares and buy back the option. This is kind of how he usually played it before.