change of directors interest

I too was intigued by Primeau's notice of a change of interest.
the Notice conveys that:
1. it was off-market
2. occurred on 17 Feb
3. was for NO CONSIDERATION - ie ZERO $
4. 1,000,000 shares
5. seller was the Primeau Family Trust
6. shares did not go to an entity associated with Primeau - otherwise he would have had to declare it.
SO, to me, this means:
1. he did not sell to BG, because:
(a) it was off-market
(b) it was for NIL consideration
(c) BG offer only opened on 20 Feb - transfer was done on 17 Feb.
2. the transfer must have been some sort of housekeeping regarding his personal interests.
I don't know how he gets on re tax issues - his problem.

SO, it seems he has not done anything disadvantageous in regards to the smaller s/h.

He will be awaiting Arrows response like the rest of us.

I might also add, that these guys MUST ACCEPT the BG offer within the 7 day period - UNLESS a superior offer is made by someone.

here's hoping.
cheers