top 20 option holders, page-2

Which options does that list relate to LTI ? Certainly doesn't include the massive lot of 1.5c options that accompanied shares allotted in the company's penultimate rights issue. The Hicks holding ranked #1 in the list provided in your post would hardly score a mention relative to the options allocated to many of us here who helped fund what was described at the time as "possibly the last capital raising MST will need to do" (snort with laughter).

No doubt my use of the term penultimate above will inevitably prove as accure in retrospect as the predictions that said offering would enable the company to get across the line.

Did they just drop the last 3 digits from each of the holdings on that list or did they forget about the bulk of the options that they issued ? Total of the top 20 = 20 mil ! I don't think so.