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Ann: Big Un Limited Market Update- Finstro, page-365

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Ryzie

3,795 Posts.

1980

10/02/18

18:25

Post #: 30969355
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Originally posted by Thanky ↑

Thanks Womtrade I also read through the Annual report and found what you are mentioning here.

What I cannot get my head around is why continue to offer shares at .11c 20c 60c etc for services rendered when the share price is a multiple higher, why not just pay cash, instead of doing a mini CR each time. It's at a huge cost to shareholders when there is money in the bank.

Makes me wonder whether they are bound to do so at the discretion of contractors and what sort of arrangements they have. Surely they should cancel any and all arrangements of this nature unless they are binding. An announcement to that effect would do a lot!

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Does it say to whom they are issued?

The 60c share issues would be for the Tisply acquisition which if you recall was agreed again when the share price was lower.

I would be all for an announcement rehashing any of these deals re the party involved, reason, amount and date of issue. Just to put it all to bed.

BIG Price at posting: $1.60 Sentiment: Buy Disclosure: Held
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