Hello Nova,
Thanks for reaching out. Wouldn't it be a treat if the directors after publicly committing to buy their shares at a discount last year ( with free attached options) withdrew that committment because they were not receiving that discount? I would posit that they would not be directors for much longer.
Regardless, as I stated in an earlier post, it is good that the directors have bought into this placement. My issue was making it out like they had paid a premium and were saints, when in truth they had committed to buy when it was a 16% DISCOUNT.
Now, getting back to my point on dilution. What say you, with regards to the fact that 3 yrs ago we were at the same share price we are today, but we have been diluted by circa 300%? How is that we loyal shareholders have been diluted by a factor of three whilst the directors who in addition to their generous wages have also found it justified to grant themselves millions of free options, and what's more are able to have the company exercise those options, for them, at no cost to the director?
Thanks for your response in advance.
- Forums
- ASX - By Stock
- NVA
- Ann: Change of Director's Interest Notice - ALL
Ann: Change of Director's Interest Notice - ALL, page-37
-
- There are more pages in this discussion • 6 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 NVA (ASX) to my watchlist
(20min delay)
|
|||||
Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $50.30M |
Open | High | Low | Value | Volume |
19.0¢ | 19.0¢ | 18.0¢ | $152.0K | 813.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 145008 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.5¢ | 99067 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 145008 | 0.180 |
1 | 28570 | 0.175 |
1 | 10000 | 0.170 |
6 | 258480 | 0.165 |
2 | 125000 | 0.160 |
Price($) | Vol. | No. |
---|---|---|
0.195 | 99067 | 5 |
0.200 | 90000 | 2 |
0.205 | 4882 | 1 |
0.210 | 4650 | 1 |
0.220 | 54500 | 2 |
Last trade - 15.57pm 15/10/2024 (20 minute delay) ? |
Featured News
NVA (ASX) Chart |
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online