Bradleyvonx, the Macquarie Bank early exercise of those 8,955,000 options was announced to the ASX on 15th. December last year. BSG closed that day at $3.11.
It is reasonable to conclude that the options were exercised early at 27.8 cents in order to take profits.
Why would the bank want, what is for it, a negligible minority holding of a few per cent in an emerging gold and silver miner?
