SVY 3.57% 2.7¢ stavely minerals limited

Ann: Appendix 3B, page-2

  1. 176 Posts.
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    AIMHO -


    Can someone explain what the directors have just done ? - my assessment is as follows - 


    A convienient price spike = 5 day VWAP > 30c - Convert oppies that aren't due to expire until 31-12-18 for free - so where do the directors think the SP is going before 31/12/18 - anyone still expecting a xmas present from SVY ?


    Cheers - time for another glass.





 
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