if you are going to quote numbers at least have the decency to check the stated figures available.
AB holds 459,738,505 shares and options over another 59,466,808 sharers.
Where I do agree is his average price, it is likely Close to 6c ish.
He did pick up a fair few early on at 20c and 15c and sold a few at 18c, but the vast majority has been picked up at the back end of proceedings in the 6 & 5c CR.
Because of the new COVID FIRB rules the BOD are pretty hamstrung as it almost certainly needs to be a local deal if a direct equity injection, which is certainly require rapid!!
Chris Ellison at MIN is the best candidate, and maybe even make a TO offer recommended by the BOD, AB saves his own equity and lives another day and count his chickens he escaped AJM not losing too much.
Price?
Ann: Extension of Voluntary Suspension, page-537
-
- There are more pages in this discussion • 71 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
