VAN 0.00% 4.7¢ vango mining limited

Yin/HoofaWhat would you do? if investors are prepared to front...

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  1. 26 Posts.
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    Yin/Hoofa
    What would you do? if investors are prepared to front up as required what is the problem, surly that is much better than raising more money than you require, then holding it in a bank account at nearly negative interest.
    As for the options what better way to give an incentive that does not cost the company at the time.
    From my understanding also a lot of the options were given in lieu of part paying for services at the time, with the service supplier taking the risk that the SP would be advantageous when they matured.
    It seems that most of the options were issued at 4c - 5c and they are now selling when they need the funds at 10c a 100% profit, not a bad investment. Surly once the shares have all been traded the VAN SP will settle down.
    In my case the options I received at 27c were an incentive to invest fund which were not required at the time, with the potential to make a profit on the increased value over the 27c, on the other hand if the value did not reach 27c the loss would be mine not yours or VANGO’s
    As a newbie If I have misunderstood the situation I am sure somebody will put me right.
 
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