ADO 4.76% 2.0¢ anteotech ltd

transocean finished selling?

  1. 83 Posts.
    Appendix 3Y
    Dear Shareholder,
    Enclosed herewith is an Appendix 3Y relating to recent trading activity undertaken by
    Transocean Securities Pty Ltd (?Transocean?), a company associated with our Chairman,
    Mr James Henderson.
    In February 2011 Transocean exercised approximately 39.8 million 6.5 cent options,
    subscribing for approximately 39.8 million ADO shares representing a subscription amount
    of approximately $2.6 million which contributed significantly to the financial security that
    Anteo currently enjoys.
    You will be aware that recently Transocean have sold a large proportion of these shares
    issued. I have discussed these selling volumes with Mr Henderson, and I am pleased to
    inform the market that Transocean has indicated that on-market selling in relation to this
    option exercise is now substantially complete.
    Mr Henderson re-iterated that he has always been, and remains a strong supporter of the
    Company and has expressed great confidence in our present strategy and future commercial
    prospects.
    Yours sincerely,
    Dr G J Cumming
    Chief Executive Officer
 
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Last
2.0¢
Change
-0.001(4.76%)
Mkt cap ! $49.36M
Open High Low Value Volume
2.1¢ 2.1¢ 2.0¢ $10.34K 499.5K

Buyers (Bids)

No. Vol. Price($)
13 2923983 2.0¢
 

Sellers (Offers)

Price($) Vol. No.
2.1¢ 196776 4
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