AGE 0.00% 4.6¢ alligator energy limited

Ann: Proposed issue of securities - AGE, page-59

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  1. 854 Posts.
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    Easy steve20286, once you've got your "loyalty options" you sell some (<10%) of your current AGE's on market and immediately send a cheque off to take up the options at 4.5c .....so you'll be back with what you started at and you've either lowered (or raised) your average sp! But as I said, earlier, it's a pretty pathetic "gift" when its supposedly for loyalty, but if you've never owned any shares before you can still get some before late Oct! So that line is absolute b/s, a bunch of speculators may well leap in short term to get these "cheap" shares, whether than will mean the sp goes up or down is anybody's guess! The only people who do any good out of this are those lucky "significant' investors/institutions, all small shareholders have been sold a pup! Long term this is not a management I want to be an investor with, look after the big end of town and stuff the rest gives me the sh1ts, so I'll be selling out in due course (at a good moment wrt the sp, of course)!
 
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