look you guys need to put this in perspective...
have they created value for shareholders?
you probably bought hawkstone for the gold assets but lithium is hot commodity now.
the gold assets werent reflected in share price so spun off
say you spent 5k buying 500,000 shares a year ago they 1c.
you got 11,000 odd diablo shares now at face value of 20c
even if it stays at 20c when listed you got nearly half your $ back from that (or whatever % depending on what you bought at) & arizona lithium shares didnt drop.
if diablo goes up more it better & if diablo goes down you get less but the fact remains gold assets staying part of hawkstone wasnt reflected in share price.
so spun off & created more value for shareholders.
if diablo directors meet resource goal (which we want them to do) it win win for us & for them & let them take up options.
and ditto with arizona lithium.
so ive no concerns with them getting options...it goes into our cash kitty anyhow.
once BLM approval for drilling done no one going to cry that directors took up options when it reaches 10c or whatever it goes to & whoever bought at 1c,2c,3c,4c not gonna complain either.
and if resource estimate reached for diablo directors to get options it win win for us too.
and if you paying new director less money but giving him options (which if he takes up goes into kitty) how is that a bad thing?
would we rather tell him you on 120k instead of 60k & if you speed along project we give you nothing as incentive?
- Forums
- ASX - By Stock
- Ann: Arizona Lithium Appoints US Based Executive Director
look you guys need to put this in perspective...have they...
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AZL (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $67.10M |
Open | High | Low | Value | Volume |
1.5¢ | 1.5¢ | 1.4¢ | $184.5K | 13.12M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 2362367 | 1.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 2594230 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 2362367 | 0.014 |
21 | 8501884 | 0.013 |
17 | 7064117 | 0.012 |
9 | 4586000 | 0.011 |
13 | 5466000 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 2594230 | 13 |
0.016 | 7915361 | 13 |
0.017 | 5184021 | 17 |
0.018 | 2657038 | 16 |
0.019 | 3907068 | 12 |
Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
Featured News
AZL (ASX) Chart |