re: Ann: Grant and cancellation of 1,150,000 ... It looks to me like they have cancelled 1,150,000 unlisted options and re issued them as listed options so they can now be sold on market.
The oppies are defiantly at a discount now and this wont help either as the holder may try to dump them for a quick buck.
On the upside the Heads are still looking strong and that is really the all important factor!