WR1 0.00% 76.0¢ winsome resources limited

Ann: Results of SPP, page-42

  1. 11,278 Posts.
    lightbulb Created with Sketch. 1580
    man some of our "loyal holders" love to complain about everything... even though the company had taken the price up 5+ fold in 5 months whilst putting $60m+ into our bank account, the vast majority of which was raised at an average 20% above our current sp, thereby minimising dilution. We've purchased a camp, proven we have huge lengths of lithium at above 1.3%.... have increased strike to potentially 1.6km... have hired a lithium superstar as our chairman, have acquired 10% of a strategic and very undervalued asset.., and have up to circa 40 holes awaiting release that likely drive our price massively up.

    but let's focus on a clause that may potentially either not be used or, at worst, allow the company to place a small number of shares into hands they choose at maybe a slight starting profit for that entity. Maybe that's a good thing. Maybe they get an enquiry from an entity that, if announced they are joining our register, will cause an sp spike in itself. Wouldnt you want them to be easily able to onboard them with a holding? But oooohh nooo... they might get a 10% discount. So greedy. how about we let our exceptional management continue to make the decisions on what's best for us rather than those on here who are in for a quick and dirty profit.
 
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