PT reply to my post on T$...

PT reply to my post on T$ clarifies

-----------------------------------------------------

ADY re: ADY Danger
Post #96168 by: nicetryrobin Reads: 88 Position: Unknown Report Abuse 20-04-2007 19:19
IP 58.174.xxx.xxx

I Agree with Gregoire.

My guess it was an optionholder that had the Million share parcels they sold recently (see my earlier post) & they have cashed up principally to double down on the options.

5m ORD sold at 0.20 = 10m Options bought at 0.10


ASX:ADY re: share trades
Post #96208 by: ADY-Thomas Reads: 57 Position: Unknown Report Abuse 20-04-2007 22:57
IP 211.28.xxx.xxx

Nearly right

An institution (O/S) sold 10 million shares to a new institution and the first seller exercised 10m options to replace the stock to give us an additional one mill in capital.

cheers

__________________________________________

Contango