SVL 9.09% 12.0¢ silver mines limited

Ann: Notice of Meeting, page-7

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  1. 25,864 Posts.
    lightbulb Created with Sketch. 1259
    Just did some sums for these SVLR's. I know it's hindsight and we couldn't have known the prices could have hit such highs after the ex date and once the R's were released, but I reckon someone did.
    If one bt say 1 Million SVL's @ .004c before ex date, cost $4000, after ex date could have sold for say $3000,
    loss of $1000. Then sell the SVLR's (4 Million) for say at least .002c = $8,000=$11,000 - $1,000 =$10,000
    in a few days for jam.
    Unusual circumstances but worth remembering next time. Someone made a nice packet.
 
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11.0¢ 12.0¢ 11.0¢ $457.2K 3.975M

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No. Vol. Price($)
5 272361 11.5¢
 

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Price($) Vol. No.
12.0¢ 1299392 11
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