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Ann: Intention to launch Share Purchase Plan, page-43

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BoomCrashOffera

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21/07/23

12:52

Post #: 68909239
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Originally posted by samfiodiving: ↑

You think they would learn wouldnt you things have been tight as far as the trading has been in the lower range ie between 6c - 7c

Ie no stock available for sale because we had reached a point where the market was in stalemate because no one was parting with the stock and what bit that did come out was being taken up at support levels

So once more they cock up by opening the door to the flippers by setting the record date as the 19th why didnt they set the date in the TH with further details on the SPP to follow

So now for as long as existing shareholders have been here some LT some not so long, this record date opens the door and gives holders that have jumped onboard these last 6 or so days ago for a cheap entry so as can be seen @ $1.5 mil up for grabs, those jumping in these last 6 days could well scale back the true holders cut in the cheap issue, yes at the discretion they could issue more but who will they be issuing them to the genuine believers or the profit takers

Had it been set on the 14th they would have known an over subscription was going into their existing genuine share holders hands

So now we will have to work through the cheap shots ie sell down before moving onwards and upwards and hence we see the sell down today

Who the Fk is advising this board i thought the likes of AF was supposed to be all over this type of thing isnt he supposed to be negotiating any deals that will come our way ( heaven help us i say )

Is this CR in favour of the loyal SH no they have left the door open again for its genuine SH to carry the can ie the burden of the cheap shot profitiers

May not be as big a sell off as the 24c CR but as far as i am concerned they have dropped the ball once more

you may think i am being trivial over such a small amount but things like this give insight into the bigger picture of how they will deal going down the track as a collective

Just my opinion, see it how you see fit

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I’m pretty sure the record date (a la books close date) is when shareholders details (inc address) are on the register, ie t+2.

AFAIK Record date is the same as books close date for a dividend which is the day after a dividend paying share goes ex-div, meaning to receive the dividend you needed to buy the day before ex-div date.

This would mean last day to buy for SPP would have been July 17th (still in trading halt) so effectively July 11th - last day before TH.

Stand to be corrected - and acknowledge George’s point.

Last edited by BoomCrashOffera: 21/07/23

ANP Price at posting: 5.4¢ Sentiment: Hold Disclosure: Held
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Last 9.0¢		Change 0.004(4.65%)		Mkt cap ! $81.13M

Open	High	Low	Value	Volume
8.6¢	9.1¢	8.5¢	$181.6K	2.049M

Buyers (Bids)

No.	Vol.	Price($)
1	10344	8.7¢

Sellers (Offers)

Price($)	Vol.	No.
9.0¢	64275	1

View Market Depth

No.	Vol.	Price($)
1	100000	0.085
2	155000	0.084
1	150000	0.083
1	36585	0.082
3	43077	0.081

Price($)	Vol.	No.
0.090	64275	1
0.091	106821	1
0.092	50000	1
0.094	160000	1
0.095	550000	2

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Ann: Intention to launch Share Purchase Plan, page-43

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Ann: Intention to launch Share Purchase Plan, page-43

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