AGS largest shareholder, (controlled by the chairman of the company, Ian Gandel) committing to take up their full entitlement.
According to the recent Top 20 (see below), the chairman effectively own 71% of Alliance (equivalent ~$16 million, as per last weeks close).
With so much of his money invested in the company, I doubt his interest would not be aligned with shareholders.
Bringing on Weednanna into gold production ASAP would be his number 1 priority. Especially with the magic run in gold prices of late. As they say, make hay while the sun shines.
- Forums
- ASX - By Stock
- AGS
- Ann: Offer Document
Ann: Offer Document, page-2
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
NVA
Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter
MND
Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?