Ann: Appendix 3Y-Howard Digby, page-8

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    He converted expiring options and sold them straight away over a 4 day period. Its not a positive.
    He either
    a) Needed some quick cash by getting 50% profit on converting options.
    b) Doesn't believe there is any reason to hold on to the shares in the short-mid term.

    Still holding overall, so long term the value is still there. Interpret that as you will.
 
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