ESR 6.25% 1.5¢ estrella resources limited

Ann: Thick Massive Sulphide Intersection at Carr Boyd, page-164

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  1. 2,157 Posts.
    lightbulb Created with Sketch. 471
    What can one say: "it was a dog of a close!!" (just joshin' with you KD - too good a pun to pass up)

    But it will bounce - eventually

    Trouble is, we now have the interests of the underwriter's clients who want the SP kept low so the option holders don't exercise so those clients then get a cheap ride onto the register versus the interests of the current shareholders & option holders who want the SP as high as possible so they can exercise with confidence (Ncreen says 3c - that fills me with heaps of confidence, I don't think)

    Directors have to ensure the information keeps flowing, otherwise they may be seen to be biased towards the interests of the underwriter (who has actually guaranteed the cash viability of ESR for the next 18 months or so) to the detriment of the existing share/option holders
 
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1.5¢
Change
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1.6¢ 1.6¢ 1.5¢ $92.07K 6.090M

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10 3757316 1.4¢
 

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Price($) Vol. No.
1.6¢ 1526246 4
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