Certainly odd - only our second day over 5m in the last 12...

Certainly odd - only our second day over 5m in the last 12 months, and am I right in saying about half today's volume was in the auction?

Could it be that a fund with a sizeable holding had made their cut, perhaps their pir holding was a bit heavy and some boss made the call to take profits and run, even if that meant dropping the price to x. If it was something like that though, I don't know why they had to leave it til after 4pm on the last day of the month when it could've been done it in an orderly fashion over the last couple of weeks.

All pure speculation.

There are only about 30mil oppies left to be exercised, right? That requires $6m, or about 3.6m shares in the mid-$1.60s...so today's trade could've amply covered that.

Be interesting to see how the price fairs in the lead up to Christmas and option expiry...hmmmm.

I see the director's notice just came out for the new MD...would be nice to see an updated disclosure next week with him picking up some of today's dump, get some real skin in the game, rather than just performance rights.