MAY 3.13% 3.3¢ melbana energy limited

No Plan B, page-18

  1. 623 Posts.
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    Perhaps discussing the company and its plans / portfolio etc, should be considered more on this thread , rather than continual pressing why holders should pay 2 cents a share directly to the company , when the on market price to buy issued shares has been 15% lower for 10 trading days now.
    I am a top 20 holder and I have not exercised one Oppie as I made it clear on here and directly to the company on a PM, what trading conditions had to be evidenced in August to make my decesion to exercise my allocation.
    Those trading conditions I set , were not met, as such I have not exercised. End of.

    I am also well in the mindset that there have been external forces in play here to ensure a large majority of oppies were not exercised. One can only hope for a better purpose.
    For me I am now strongly swaying that when we announce key news on either BH or Cuba , the company is going to pitch this as a dual list trigger...they will want SP as high as possible and the already large register not swelled by a further 100 odd million of option shares..

    My take only...
 
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