DRE 5.88% 1.6¢ dreadnought resources ltd

Ann: Yin Resource to Grow, Carbonatite Drilling Commenced, page-39

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  1. 12,400 Posts.
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    I am always amazed that a small group of shareholders would vote against the directors putting in real money at 10c. It is 35% sub placement and still people dont want the money. Such a strange way of thinking. You see this in every company regardless of what they raise. These are the same guys who built the company from nothing, raise money, build the asset. The Chairman has 300m shares and just put in a chunk of change at 10c. He doesn't need to do that. That is a strong clear signal as to what he thinks of the projects. I reckon he might know more than a tiny group of 'no' stock holders.
 
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18 2368868 1.6¢
 

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1.7¢ 2436461 9
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