Interesting.
So if I'm reading this right:
Luminate sells 18,000,000 shares at 38c per share: = $6,840,000.00
Luminate buys back 19,513,593 shares at 25c per share (options exercise): = $(4,878,398.25)
Victor buys 3,146,506 shares at 25c per share (options exercise): = $(786,626.50)
Adding those numbers all up, we get a total of: = $ 1,174,975.25
So based only on the information in these announcements, we see that Victor, directly and indirectly (through Luminate Pty Ltd), ended up with surplus cash of $1,174,975.25 on the sale and then buyback of this lot of ClearVue shares.
Anyone else find that interesting?
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