thymus, the announcement "Roger Clarke ceasing to be a substantial holder" is pretty black and white.
Options convert to shares, the ASX announcement states the director's holding has reduced, firstly by 1,892,000 fully paid ordinary shares, then by a further 200,000.
The chairman of a company with what is touted as big growth prospects in 2010/11 elected to sell and not hold, how you could not see this as not a negative is beyond me.
