I'll go out on a limb here and make some assumptions based on some facts
Facts
• Sell order at today's open for 300,000 fpo's @ 88 cents each.
• Appendix 3B announced today after market close.
Exercise of 300,000 unlisted employee options (3 holders) @ 25 cents each. Expiry date 30/6/2007. Balance of 50,000 yet to be exercised.
Assumptions
• Any suggestions?????