Is Mars Mining making any income?
We are buying their tenements for a shit ton of shares and only get 75% share in them.
They get a 30% stake in GMN.
Then they give themselves some pathetic performance shares targets with a very cheap strike price. These performances have a 5 year expiry. Are we expecting the SP to only be at .01 in 4-5years?
Mr. David Evans is pretty much setting himself up on a nice income.
Why didn't Mars just raise money on the asx? David found the easy way. Sell to the company he also runs.
After much thought I have changed my sentiment to sell. I'm up so a sell here is fine by me.
Ann: Notice of Annual General Meeting/Proxy Form, page-12
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Last
0.3¢ |
Change
0.001(20.0%) |
Mkt cap ! $9.533M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.2¢ | $16.53K | 6.596M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 41888018 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 11342534 | 6 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| GMN (ASX) Chart |