Employees feeling positive
As well as highly Supportive.
~ $19 540 000 .. ie. this is going on -
$20 million , which has been shelled out by
employees of Westgold , for the equivalent WGX shares purchased @$2.02 .
( which is
above where the WGX shareprice Traded , less than 2 weeks ago .. although of course this is a major liquidity event not able to be orchestrated in the market to acquire upwards of 10 000000 fully paid shares
)
They want and happy to jump to pay for and own —-
the Shares , and
Now .
These Employee Options were only due for expiry out just beyond mid 2020? - which was to be nearly 12 mths time .
Instead of holding - they’ve converted , borrowed possibly even , nearly the $20 million , to own WGX shares now, at the strike price .
( entitlement to earn spin- out share offer in the Tennent creek , NT new company ? Or - Getting Set ? )
I Like this .
Interesting times !!
(20min delay)