....why?.....Knowing the 777 is sadly confirmed as lost in the south India Sea and we not having an AGM opportunity to gaze over Chesswood charts or question the Board, we are still left with ...why? Given the small market volume of CHW, why would a single Director exercise 300K options and place them ALL onto the market at the same time? Taxes? Health? Finances? Expiry of options? Leaving the Board? Heck all of these could have been covered in some way over a period of time during the tax year without creating the chaos that has ensued these past few days. So maybe someone can tell me why it is it okay for a Director through his actions to initiate a process where 800K shares are traded in 5 days---resulting in the destruction of 25% of market cap on a stock that barely trades 50K shares a week? No reason other than self interest and arrogance --- regardless of responsibilities to other stock holders as a Director. In general, is it too much to expect more moral behaviour or ethical corporate governance from Boards? Okay, I get it---the answer is clear. No! I obviiously expect too much. In an earlier post, someone referenced Mr Donville's comments regarding CHW on BNN, I think his avoidance, non comment, body language and facial expression speak volumes. I have been investing for 45 years ; in CHW since mid 2010; yet I am reminded at how poor Canada is when contrasted to the USA on issues of corporate governance and regulatory oversight.