The Gondwana announcement by Cazaly is so crappy it disgusts me! Because it is really like vomit, don't you think?
Gondwana have posted the original below.
And someone tell us how and why these 2 announcemnts will affect the sp.? Or should we just wait n watch? And now we might see where the $221800 option exercise by Mr. McMahon fits into the scheme of things. Read the Gondwana announcement where 8million Gondi shares @ 2.5cents = $200K due on 15th July.
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My point? Well it seems Mr. McMahon must know what he's doing for unless someone can explain otherwise, I assume Mr. McMahon has just put his money on the table exercising those options. Admitedly he has made a profit buying at 44.36cents.
But from what I can see (from CAZ's announcemnts) the options were exercisable on/or before 31 Aug 2008.
Does anyone know what all this (might) mean, from Mr. McMahon's point of view? Other than my assumption he has put up money.
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http://www.aspecthuntley.com.au/docserver/00735807.pdf?fileid=00735807&datedir=20070703&edt=MjAwNy0wNy0wNCswMToxMzowMSszMCt5YWhvb3htbCtyZWRpcmVjdCtodHRwOi8vYXUuZmluYW5jZS55YWhvby5jb20vYWNhL2V4cGlyZWQ/cz1HREEuQVgraHR0cDovL2F1LmZpbmFuY2UueWFob28uY29tL2FjYS9kZWxheWVkP3M9R0RBLkFY
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See CAZ announcement (below) where Mr. Mcmahon exercises 500,000 options at 44.36 cents. Even though I read in another announcemnt he only had 250K at 44.36 cents. Of course I'm confused. But that's because I always get confused. So never rely on ANYTHING is say or seem to imply.
http://www.aspecthuntley.com.au/docserver/00731801.pdf?fileid=00731801&datedir=20070621&edt=MjAwNy0wNy0wNCswMjowMDowMiszMCt5YWhvb3htbCtyZWRpcmVjdCtodHRwOi8vYXUuZmluYW5jZS55YWhvby5jb20vYWNhL2V4cGlyZWQ/cz1DQVouQVgraHR0cDovL2F1LmZpbmFuY2UueWFob28uY29tL2FjYS9kZWxheWVkP3M9Q0FaLkFY
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That's enough words.
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