Nolly, voting against the placement smacks of cutting off your nose to spite your face. The SP would have stagnated and we would have had pretty much no money left in the pot at the end of the year. Better to have the money to actually be able to do something with it. It wouldn't matter how much gold was in the ground.
Vote against the incentives, but not against the placement!!!
It doesn't matter how much money you will make out of EXM, my bet is that you can guarantee that someone will ALWAYS make more than you so why complain and be happy the price is rising in a sustainable way. At the time of the announcement, the placement was only a small discount to the SP. Do you also begrudge those who were able to buy in at 0.5 cents too?
trading patterns, page-35
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Last
$4.46 |
Change
-0.010(0.22%) |
Mkt cap ! $313.3M | |||
| Open | High | Low | Value | Volume |
| $4.59 | $4.59 | $4.46 | $356.9K | 79.39K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 170 | $4.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.50 | 1946 | 3 |
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| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| DSE (ASX) Chart |