The Doc, a one time psychiatrist, managed to get himself on the board of an interesting little shale gas exploration company, 3 Legs Plc.
Part of his package was half a million quid's worth of share options.
The Doc did not declare them. Sadly, for him the Dame found out and tipped off the Sunday Times(no, she got no brown envelope) who did a double pager.
In no time at all the Doc went all legal threatening dire retribution. He even went to the PCC who chucked out every one of his whining complaints!
Now here is the point of the story....
The Dame wants to know whether the Doc ever realised his options.
If he failed to do so he would be down half a million quid.
Why? Well, look what's happened to 3 Legs's share price...
Luckily, the Doc can self treat for the depression he must be going through....unless, of course, he exercised and flogged the stock on the 'highs'. Ludo, now working as a trainee broker analyst is 'on the case'......
|THE 5 YEAR COLLAPSE|