So Dave Gelbaum is selling and being diluted by Options and Placements to drop his percent Holding. Did a brief correlation between his Notice and the price he got in A$$$.
Seems his notice is based on his US$ then converted into A$.Do you follow,a currency convert?
Anyhow,as stated only a preliminary glance but I worked on April 17. On that date Minton's say he sold 82K # for A.72 cents. However DYE traded above 110 that day SO I'm assuming the Ausie$ was strong against d'GreenBack$$ thus giving that result of 72 vs 110. Would someone double check this "phenomena" because then Dave's divestment could be partially explained as a Currency imperative,perhaps.
cheers
GSL Price at posting:
89.0¢ Sentiment: Hold Disclosure: Held