Australia's largest stock trading and investment forum Australia's #1 stock forum

G79

Click for more information

0.00%

2.7¢ goldoz limited

Ann: Appendix 3B, page-200

First 200 Last

Share
Profile

Follow
PatBad

581 Posts.

9

22/09/17

14:02

Post #: 27397425
Share

Originally posted by ozemania ↑

We were under the impression they couldn't sell until yesterday, but if they hadn't sold till then we would have seen a disclosure..

There is no explicit restriction in the CN documents that states when they can/can't sell, but it does say they cant convert more than 50% of notes 1&2 until the 20th. My guess is that we have misinterpreted what was said at the EGM to mean they couldn't sell, when perhaps they were only referring to the rules around converting?

Expand

Is it possible for them to sell shares they don't own, like shorting? That way if they were -20 million shares, if they get 50 million they'd have 30 million etc?

Last edited by PatBad: 22/09/17

MUS Price at posting: 8.7¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

TTT

Titomic jumps +6% as it incorporates Microsoft Hololens tech

AHK

Ark Mines provides strategic update following mining lease submission

LU7

The Breakdown: Lithium Universe talks refinery design and lithium processing in strong preliminary feasibility study for Bécancour

RCE

Recce progresses testing of gel to treat bacterial skin infections

STK

Rogozna grows with gold equivalent grading 1.1g/t across 545.7m for Strickland

There are more pages in this discussion • 3 more messages in this thread...

First 200 Last

Add G79 (ASX) to my watchlist

SPONSORED BY