Could someone explain this
| Aug 21/14 |
Aug 19/14 |
Bhola, Rakesh |
Direct Ownership |
Common Shares |
51 - Exercise of options |
50,000 |
$0.320
|
| Aug 21/14 |
Aug 19/14 |
Bhola, Rakesh |
Direct Ownership |
Options |
51 - Exercise of options |
-50,000 |
$0.320 |
http://canadianinsider.com/node/7?ticker=EFL
Does this mean he sold 50 000 to make close to 30 000 in profit?
Searched it, couldn't find the actual citation but in the search it showed this off the msn site:
Electrovaya Inc. (EFL): Rakesh Bhola purchased 35,500 shares at 90 cents on 08-21-14 -- bringing his total stake to 0 shares.
Doen't instill much confidence in the price going back up anytime soon.
