PSL 5.26% 2.0¢ paterson resources ltd

Ya I get that Owot . However.... what about the 970,838,738 '...

  1. 12,830 Posts.
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    Ya I get that Owot . However.... what about the 970,838,738 ' Free ' consideration shares which were also issued for the Vanadium transactions and which also would have transacted at prices from perhaps .007 all the way down through to the .004 closing price , and which had also been transferred to potentially ' New ' and unsuspecting shareholders. These transactions haven't been returned to the ' aggrieved ' shareholders either. And they have paid far more on much larger volume turnovers than say the approx 110 million of options which transacted at .001 cent in that final week.

    So I guess if you wanted to look at it differently , you could argue a strong case that if you wished to BUY back in like I stated in my previous posts , at least for those Options punters anyway.....that they would be in fact averaging to the exact same potential ' Buy In ' price of .001 - and as a result would have a higher chance of breaking even than those who purchased the heads at much higher prices. And it does sound as though you are actually coming to terms with this scenario.


    537,408,750 cancelled ' consideration ' shares which were issued to the shareholders of Nelly Vanadium Pty Ltd and Vanadium Mining Pty Ltd

    AND ,

    433,429,988 additional ' consideratin ' ordinary shares which were also cancelled and which were formerly issued to the Blumenthal Parties .


    So this was against the 607, 821,499 options issued to both the above parties .
 
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