Ann: Ardmore Operations Update, page-32

First 32 Last

Share
Profile

Follow
Mencel_as_anything

2,027 Posts.

273

20/10/23

17:44

Post #: 70455318
Share

Originally posted by Happ: ↑

@LD99 it's a bulk operation, profitability increases with volume

@coblentz there is no need to be disrespectful to the majority shareholder. As far as I researched their interest has been aligned with the company's interest so far. The market updates may have been upbeat previously to generate interest and raise at higher share price. Obviously this has backfired. And it appears to me that someone wants to get the assets on the cheap by forcing more equity raised at lower price and reducing the ability of Chrisp to exercise options. Remember if Chrisp has no liquidity to pay strike price on options he'd have to sell shares into illiquid market to exercise options. Really a bit of vicious circle for him and as a result for the company. Maybe someone is trying to build a stake and prevent Chrisp from increasing his.

All will pass after 31 December 2023 when options are exercised or expire. May be earlier if we are lucky

Expand

Pretty funny you have to explain to twitter stock pumpers that with increased production margins increase too

CXM Price at posting: 6.7¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

RCE

Recce locks in $30M to boost commercialisation across ASEAN region

VBX Ltd jumps 15% on ASX debut as newest Oz bauxite player

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

ASX Market Close: Bourse spins in circles as Israel-Iran conflict weighs | June 17, 2025

MEM

Many are concerned about global falling birthrates. This diverse stock has solutions

First 32 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 1.7¢		Change 0.000(0.00%)		Mkt cap ! $14.74M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Ann: Ardmore Operations Update, page-32

Recce locks in $30M to boost commercialisation across ASEAN region

VBX Ltd jumps 15% on ASX debut as newest Oz bauxite player

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

ASX Market Close: Bourse spins in circles as Israel-Iran conflict weighs | June 17, 2025

Many are concerned about global falling birthrates. This diverse stock has solutions

Featured News

Featured News

Ann: Ardmore Operations Update, page-32

Top Stories

Recce locks in $30M to boost commercialisation across ASEAN region

VBX Ltd jumps 15% on ASX debut as newest Oz bauxite player

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

ASX Market Close: Bourse spins in circles as Israel-Iran conflict weighs | June 17, 2025

Many are concerned about global falling birthrates. This diverse stock has solutions

Featured News

Featured News