when the almost 50 odd million freeloader shares are released mid 2024, it will likely dilute the share price by almost 50%. These are freeby shares that contribute nothing to OD6s bank account. Only 40 million of the current share has - (IPO 20 cent shares for $8 million).
OD6 a “world class REE company, best project in Aus etc, etc is being smashed in preparation for a fundraiser within a few months. Lack of buyers is not good.
Wishing all holders a Happy Christmas and a better new year.
Ann: Chairman's Address and AGM Presentation, page-42
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