See how money he converted, and owns? Not surprised he had to let a small amount lapse. A fund he has a holding in selling $200,000 is neither here nor there imo. (From what I can tell he took up 2,300,000 shares at $1.50 a share, and sold 300,000 oppies but please correct me if I'm wrong!!)
Looks like he has a warchest of about 9million shares...
check out the announcement:
http://www.stocknessmonster.com/news...E=ASX&N=301339
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