Wrong, he did not bring in Kalia, he was issued 37.5m and the directors were issued the other 37.5m
http://www.asx.com.au/asxpdf/20170105/pdf/43f526c062mx3x.pdf
And see the 3b with at that time 75m unlisted options--
http://www.asx.com.au/asxpdf/20170105/pdf/43f524k4h5yqdw.pdf
Either way we are wearing at least another 44.5m options that are coming from the old management, plus the shares they still own !!
Cheers
Ann: Appendix 3B - Option exercise, page-9
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