AC,could it be possible the company is waiting for options to expire tomorrow (51.5mil).These are the options that we all voted against and the directors seemed pretty sheepish about the terms and conditions that applied to those options.
Yet those issued with the options could have purchased at a quarter of the issue price had they wanted to and maybe they have -who knows!
Yet if any positive news was released to market before expiry date these options would most probably have been taken up. I'm sure Management are doing their best for shareholders,which they are themselves.
My views only.
Ann: App 4E, Annual and Financial Report FY2016-IVX.AX, page-12
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