NVA 2.44% 21.0¢ nova minerals limited

Ann: Nova to Unlock the Value of its Lithium Projects, page-16

  1. 792 Posts.
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    I understand why some shareholders sold after the announcement of this dud deal. I don't like this proposed deal because it runs counter to what should have occurred: an in specie distribution so each shareholder maintained control of their holding rather than having it diluted without any direct and immediate benefit.

    I wonder if the directors will get a special bonus issue of SLR shares for such clever management? Perhaps a change of name to Snow Flake Resources is now in order.

    Broosta
 
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