GRL godolphin resources limited

Ann: Change in substantial holding Buchhorn, page-5

  1. 1,637 Posts.
    lightbulb Created with Sketch. 640
    Just as a reminder.
    Ian Buchhorn & Associates received ca 3.2M GRL shares via 3:1 conversion from his ARL holding.
    IB & Associates bought another 3.5M GRL shares at IPO for a total of AUD 700K.
    TTBOMK, he is the only board member stomping up some serious cash and took a 20% haircut like us thanks to the CR.
    upload_2020-11-17_11-18-7.png
    While the CR is done & dusted, lots of questions remain.
    Under the premise 'a leopard never changes its spots', understanding the who, why and how might teach us something for the future.

    My back of the envelope calcs show that without this CR and the attached options, GRL could have expected another AUD 10.6Mil from a 100% conversion of options until the end of 2022:

    GRLAB 18Mil @ 25cents/share 5/12/2022
    GRLAC 2 Mil @ 25cents/share 5/12/2022
    GRLAI 28.075 Mil @ 20cents/share 15/06/2022

    Show me the 603s, who are the new? substantial holders of GRL?
    IB didn't get any.
    Who are they?
 
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
1.4¢
Change
0.000(0.00%)
Mkt cap ! $6.284M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
3 1849030 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 2796428 4
View Market Depth
Last trade - 16.21pm 25/07/2025 (20 minute delay) ?
GRL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.