MLS 16.7% 2.8¢ metals australia ltd

are people going to get together for annual ge, page-6

  1. 27,845 Posts.
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    rip the bandaid off.

    they ought to, issue placement options 1 for 1 at .001 to replace the existing options.

    Option holders, (most probably in some capacity, shareholders as well) were dealt un-acceptable delay, in tenament renewals, and given a mis-representation of the risk in the court case.

    Going from plaintiffs no case "in fact or law" to a valid case, disporportionally communicated to option holders, the likelihood of options, not withstanding the already delays, a rational, that options were likely to be in the money.

    But the real crux here, is Un-acceptable delay.

    What has the company actually done in the last couple of years, (given the un-acceptable circumstances, and in part, not the companies own fault, its hands somewhat tied) but to break those restraints, rather than just sit on its hands.

    You cant just sit on your hands, and say, oh well, too bad.

    As holders, we endured all that, and ought to be given compensation in the form, of an extension of term, by way of placement options, for the time lost, warming those buttocks.

 
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