Ann: Grant and cancellation of 1,150,000 options , page-6

re: Ann: Grant and cancellation of 1,150,000 ... Agree that the intinsic value will always be 20c less than the heads but what will be the market value?

As a holder of oppies I'm finding this persistant selling pretty frustrating. It seems to me there is mainly one seller who'll take almost anything they can get. I'm assuming it's to raise cash for exercise. Hopefully nothing more sinister.

I reckon they have offloaded north of 1m over the last week. I keep wondering whether they have finished, then another 100k comes on at the same price.

cosmos