So Dave Gelbaum is selling and being diluted by Options and Placements to drop his percent Holding.
Did a brief correlation between his Notice and the price he got in A$$$.
Seems his notice is based on his US$ then converted into A$.Do you follow,a currency convert?
Anyhow,as stated only a preliminary glance but I worked on April 17.
On that date Minton's say he sold 82K # for A.72 cents.
However DYE traded above 110 that day
SO I'm assuming the Ausie$ was strong against d'GreenBack$$ thus giving that result of 72 vs 110.
Would someone double check this "phenomena" because then Dave's divestment could be partially explained as a Currency imperative,perhaps.
cheers
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