ERW 10.3% 5.2¢ errawarra resources ltd

Ann: Errawarra - Heavily Oversubscribed Placement Closed Early, page-9

  1. 135 Posts.
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    still got plenty shares so hanging around like a bad smell.
    they pumped the price to get it looking like a good investment and now issuing millions shares for everyone to flip for. 20-50% profit. I don’t think this is good for the company and for existing share holders. Tom doesn’t give a f**k though so I get it. He can load up of free options and shares whenever he wants, do sweet FA exploration and take his salary each month. Would just love for us to actually test this tenement and see if it has the goods. But god forbid Tom gettjng his hands dirty…
 
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