Another theory could be that the father have a gambling debt and need to settle it urgently. Hence transfer the shares as collateral for a loan, which he have no capacity to repay.
XPD
Price at posting:
3.3¢ Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.