Converting a 1% Royalty into a 1% shareholding at this point in time is IMO to appease the bean counters of the BEOT potential JV partner or asset buyer.
"there is no guarantee any transaction will eventuate.” ? Really ? \ Never miss an opportunity to throw cold water on a potential speculator , " We should be suspicious" of a potential joiner of dots putting two and two together and buying some shares on market .
That would have a positive impact on the share price .
i don't know anything.
WMG Price at posting:
15.5¢ Sentiment: Hold Disclosure: Held
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