DNK 0.00% 31.7¢ danakali limited

Ann: Issue of unlisted options, page-4

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  1. 342 Posts.
    lightbulb Created with Sketch. 63
    Join the dots boys...
    Day 1. Investor presentation (They are obliged to give the same presentation to existing shareholders, as what they provide to prospective new investors, or financiers)
    Day 2. Options given in lieu of payment for some type of service rendered.
    My take - the updated presentation has been provided to a client/clients of a broker/investment bank. For the pleasure of the introduction to the interested party, some options are provided to the middle man. In this case, the options are deemed to have been worth around $40000. If this payment, (which only makes money for the broker if our SP is significantly higher than it is currently), results in us getting the remaining funding, I would be happy to give them 10x that amount.
    IMO DYOR
    Last edited by andy16: 24/03/21
 
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