PDY padbury mining limited

wonder how egm is going?, page-15

  1. 9,544 Posts.
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    These unlisted options were issued at three hundredths of a cent on 20/7/2009, almost two years ago. I mean you can't even trade in increments that size on the ASX.

    Anyone know why the then shareholders sold "our" soul to the devils at that price? I know economies were just coming out of GFC and share price was 6 to 8 tenths of a cent then but the sum raised from issuing these oppies could have been raised at 214k with a very easy placement. Who was it rewarding and for what? Can't wait for this June nightmare to be over.
 
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