PSC 4.44% 9.4¢ prospect resources limited

On -Market SHARE BUYBACK & PSC will never again trade below $1, page-23

  1. 164 Posts.
    lightbulb Created with Sketch. 23
    if you analyse all the situation what we are surprise? IMO they've had this offer for a long time because doesn't explain the capital raising. the only reason was for make a favor to some friends. they ready decided everything long time ago.
    the top 20 have more than 50% so the price vote doesn't have any power. I'm pretty much sure they will take this offert.
    MR Hosak have approximately 5 mil share. He got grand part of this shares last year with a capital raising of 5 cents during the covid pandemic. So what we are surprise?
    He is just smart and look at his pocket. I think everybody will do the same things if have the opportunity.
    the only thing we wrong was to trust a project in Zimbabwe and to this management with this high wages without bring any consistent result to the old investors.
 
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