The only thing remotely interesting in the announcement is that...

The only thing remotely interesting in the announcement is that a lot of people voted against the granting of options for the directors. Options with an exercise price of $1.50 do look like a good deal for the directors, given that the SP is currently above $1.50.

Maybe someone who voted against the options got browned off and decided to sell their shares!

It's best not to over think it... It doesn't take much to move a stock like this by 5 or 6%. I thought it was positive that the earlier announcement reaffirmed earnings guidance of $24m NPAT for FY17, which makes MNY look like good value.