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Ann: Major Capital Raising to Strategic Cornerstone Investors, page-64

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  1. 5,038 Posts.
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    H.H

    He needed to get the price to double to 2.5 cents from 1.3 cents, to get the first lot of performance rights, so effectively needed to get the price X2, X4 & X8 to get all of them, but no timeframe given as to how long he has to achieve that. If its one or two years then you'll be doing ok if he achieves it, if its 3 to 5 years not such a good return if achieved.

    Personally sitting on the sidelines now until there is more details in the public domain. The advisers are doing ok on it as usual.

    I can easily see it drifting to 2 cents

    LOTM
 
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