Hi sami, following is a recent announcement that answers your question I think: 9th May 2011 Companies Announcement Office ASX Limited Exchange Centre 20 Bridge Street Sydney NSW 2000 Appendix 3Y Dear Shareholder, Enclosed herewith is an Appendix 3Y relating to recent trading activity undertaken by Transocean Securities Pty Ltd (?Transocean?), a company associated with our Chairman, Mr James Henderson. In February 2011 Transocean exercised approximately 39.8 million 6.5 cent options, subscribing for approximately 39.8 million ADO shares representing a subscription amount of approximately $2.6 million which contributed significantly to the financial security that Anteo currently enjoys. You will be aware that recently Transocean have sold a large proportion of these shares issued. I have discussed these selling volumes with Mr Henderson, and I am pleased to inform the market that Transocean has indicated that on-market selling in relation to this option exercise is now substantially complete. Mr Henderson re-iterated that he has always been, and remains a strong supporter of the Company and has expressed great confidence in our present strategy and future commercial prospects. Yours sincerely,
ADO Price at posting:
9.3¢ Sentiment: LT Buy Disclosure: Held
