GYN 0.00% 9.0¢ graynic metals limited

gyn 3 brkers made placmen, page-43

  1. 7,611 Posts.
    re: gyno cology exberliner1 EB , lol , the placement tells a story of its own ..imo.

    Why only place 3m shares , and why at a price so close to mkt at the time ??

    Reason ? The Directors expect the shares to be significantly higher short term (imo) and to issue , say, 10m shares at '$1' placement in Sept or Oct to drill on ?

    Also the reason for spreading a measly 3m shares between 3 broking houses ... lol , almost unheard of , but will guarantee plenty of exposure and aid the charge toward $1 with placee's averaging up ??

    SALTY
 
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