That's not my read, here is my RESEARCH as to why I am of that opinion.
Firstly, let's look at the poster who made those comments about the exercise of these options will "surely these will put tremendous amounts of short term pressure on the price again as many of those will be sold straight away".
Is there evidence to support this claim?
Linkman's post history on HC goes back to 24/3/2015. This was his 1st post on BIG in that entire time.
It is also a coincidence that he yesterday posted on the BUD forum he had sold his "substantial, for me" entire holding.
This tells me he has money available to invest.
What better way to try and talk the price down, why post here for the first time if he has no interest in the stock.
Let's move on to the facts of the options.
There are (as at the last App 3B) announcement still 6.33m LISTED BIGO options not yet exercised.
Linkman used a figure of 15m. Technically this is correct, but how many ordinary shareholders ever own unlisted options.
As per attached, there are currently around 8.7m UNLISTED options yet to be exercised with a December 31 expiry.
The only ones holding UNLISTED options are management, and vendors of the business that were issued shares in the RTO 2 years ago.
You will need to search for 2016 announcements to find the last change of directors notices for Sonia and the 2 Evertz's.
If you view the 2017 Annual Report (issued 3 months) you will also notice that the RTO options holders have already converted a reasonable percentage of their options.
In this you will also see the options the 3 directors are holding.
You will also be well aware that BIG issued a recent ASX announcement stating management had not been, nor had any intention, of selling any shares they held.
I will also add, if anyone converts options and then sells heads straight away they are paying tax on the full gain, and not getting any sort of concession for holding them for 12 months or more
(20min delay)