Or maybe just 18M - Over the last 3 years taking ADOO & ADOOA Options taken into account. No need to exaggerate, but blind freedy would have seen that it was a major holder lighten their holding recently. JIMHO Selling about 10% of holding into an Option Exercising would generally indicate cash requirements. They still hold 100M which is a proper holding in anyone's books.
BTW: Of the original 136M ADOOA release about 2.35% were not exercised, a better than reasonable response.
Ann: Option Exercise, page-49
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