WTE wedgetail mining limited

***wow****, page-11

  1. 220 Posts.
    re: wte + pubs = gold = profit $1.862m Cash at 30/6/2005

    257m Options convertable at 5 cents on 31/12/2005 which are very tightly held = $12.850M

    I don't think the number of shares on issue/to be issued are a major problem - $60m profit = 5 cents per share and accumuulated losses should ensure not much goes to Mr Costello his heirs or successors.

    This one is very tightly held - as at last report I recall there are only about 3,000 shareholders and a lot of the trades since June seem to be taking out an awful lot of less than 100K holdings.
 
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