I note someone has converted 3.5m UNLISTED options (18...

I note someone has converted 3.5m UNLISTED options (18 cents/2010). Although it raises a handy $630,000 this is no insignificant event in my mind. I can see the only 2 reason to convert the options today. Firstly, is planing to SELL the Fully Paid Ordinary shares shortly. Secondly it could be a friendly action to raise some cash for View. Can't be any other reasons in my opinion since 2010 is the expiry date. I suspect it is the first reason unless View has a short term cash problem at the moment. They did have $4m cash at end of December and obviously more cash coming in from gold inventory. However you never know how big the bills are. We will find out shortly anyway.

Does anyone know who might have held held these 3.5m 2010 unlisted options. If it is a director they would have to file a "change in directors holding notice".

PS Nice to see gold going so well tonight. It would be nice to see some confidence return to the mining market tomorrow.