GNM great northern minerals limited
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issue to jindal steel

  1. Hermin
    336 Posts.
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    02/08/13
    10:24
    Post #: 12145872
    Fellow minority shareholders, I invite your view on the latest of in the GNM charade.

    So from what I can see Jindal is getting its shares for around $0.1 per share including the options. How can this be fair to existing shareholders.

    Then they are offering non-associated shareholders 1 new share at $0.20 plus the same free option, but only for each four shares held. Doesn't seem right to me.



    GNM Price at posting: 17.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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