Number and +class of all +securities quoted on ASX (including the +securities in section 2 if applicable)
209,770,500
Ordinary (ORE)
Last time we checked it was something like 168,653,677.......maybe I just have an aversion to dilution...but just as things seem to be coming together we get more shares being issued or outstanding. I'm sure that the usual protectors of the cloth will jump in here to tell me how stupid I am for questioning the continued dilution......and this isn't the end folks...there will be more dilution coming. Probably another 50,000,000-100,000,000 for the 2nd stage development. Maybe in the year 2025 we might even be breaking even (from the money we invested in 2015)....this is turning into a joke.
However...I see the executives are doing quite well....glad as a shareholder I could support Mr. Seville's further financial advancement as the rest of us hang out to dry.
Date of change
18 October 2016
No. Of securities held prior to change
Richard Seville
555,077 Performance Rights- Orocobre Limited Performance Rights and Option Plan
Richard Seville & Associates Pty LtdFund Member
4,976,500 Ordinary Shares
Richard Seville & Associates Pty Ltd 100,000 Ordinary Shares
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- 209,770,500 shares now outstanding....?!
209,770,500 shares now outstanding....?!
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