I think the board interpreted it as a breach because they gave the ASX the impression that the option issue of the NEW options, would be trading in ADDITION to the current options - this is not correct
The listing rule they have quoted says we cannot have more options trading at one time than we do shares. This would not have been the case as we were simply going to be replacing the options, in the same number, as those on market
The board has been provided all the information via a statement which was meant to be disclosed to shareholders/puiblic. But they have concealed this from shareholders. What surprises me is they have the nerve to also keep this information hidden when seeking "advice" from the ASX. This is dishonest and manipulative behaviour. Truely un-Australian
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