ADN 0.00% 0.7¢ andromeda metals limited

General comments/chat, page-44226

  1. 3,622 Posts.
    lightbulb Created with Sketch. 1041
    Bob doesn't have to declare selling because he is no longer a Director and was never a holder of greater than 5%.

    Obviously a CR (or placement) happening this year. Usually this prompts a selloff beforehand. Curiously though, in this particular instance, an announcement of a debt / equity plan - IF underwritten and IF meaningfully supported by Directors - would cause an instant rerate of the share price even before the CR actually took place.

    Couple of 'IFs' there but the potential then is for a 10 cent Poochera Party.

    Last edited by bottle: 06/08/24
 
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