IBG 0.00% 0.3¢ ironbark zinc ltd

Ann: VWAP Condition met on Related Party Loan Shares, page-25

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  1. 126 Posts.
    lightbulb Created with Sketch. 20
    I don't see it as such a negative, it has been in place since October 2020 and required the VWAP over 20 days to hit a milestone and we collectively put it there. Further gains for MJ and Hess require performance. To offset this on a $100k holding would be what? $4k?

    As for EXIM, I think it pre-dates the EXIM LOI announcement, so that's no factor.

    I'm not entirely sure why Hess got loan shares, looking at the voting back then it was a close call for him, MJ makes more sense.

    They get the most out of this if we get a win and hit some of the speculative price targets.
 
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