selling heads to buy options , page-54

The conditional options extension contingency plan is in place in case ALDP funding announcement might fall after the AGM.


Management does not seem to know either whether we will receive ALDP news in time prior to the end of November and secures support from current options holders.


This is a responsible, but also slightly self preserving, step as it both calms the nerves of nervous options holders as well as takes into account that DPI time tables are vague at best and upset shareholders might vote against management at the AGM in the absence of support for holders.

Can Fozard's gesture to purchase shares at 2 cents be seen in the same context, as a symbolic gesture, or is his purchase a prelude of the upcoming Monash 2 cents share allocation?