AEV (ASX) Ann: Options Prospectus

Originally posted by the_contrarian: ↑

The joke is that holders come on here and complain that "mates" get the "freebies" when in reality this is tranche 2 of the placement which was announced on the 8th of September.

Now the kicker is that these tranche 2 options were up for shareholder approval, so if you didn't want "mates" to get "freebies" then you and all other small shareholders should have voted against it. Did you?

Let's have a look.....

It looks like only 1 holder voted against it. That poor sap, thinking he would be backed up by others who were outraged by the "freebies" to "mates". Only 272m votes for out of a possible 1b+ votes so it could have easily been outvoted.

But it wasn't.....and now we're here. So no use complaining.

If they get the options in the money then there will be dilution at higher prices but AEV will get cash and won't need another CR for some time. There's a few options from the last entitlement issues at 2.2c strike price and a fair few director options at 2c and 3c.

So there you go. .All it takes is about 5 minutes of reading time to understand what is happening.

Also to note is that the 210m tranche 1 placement shares at 1c from 8th September would be well and truly soaked now. The only thing that might hold this back next week is major indices tanking......or not. AEV is treading it's own path and the DSO scoping study is due soon. I personally am not taking the risk of not holding but that's my opinion and not financial advice.

Expand

One and the same!!!!! How well do holders know THEIR company to not understand such an obvious fact and then go and criticize it?? This story has "historic" written all over it, "none so blind that will not see!!!"

Originally posted by the_contrarian: ↑

The joke is that holders come on here and complain that "mates" get the "freebies" when in reality this is tranche 2 of the placement which was announced on the 8th of September.

Now the kicker is that these tranche 2 options were up for shareholder approval, so if you didn't want "mates" to get "freebies" then you and all other small shareholders should have voted against it. Did you?

Let's have a look.....

It looks like only 1 holder voted against it. That poor sap, thinking he would be backed up by others who were outraged by the "freebies" to "mates". Only 272m votes for out of a possible 1b+ votes so it could have easily been outvoted.

But it wasn't.....and now we're here. So no use complaining.

If they get the options in the money then there will be dilution at higher prices but AEV will get cash and won't need another CR for some time. There's a few options from the last entitlement issues at 2.2c strike price and a fair few director options at 2c and 3c.

So there you go. .All it takes is about 5 minutes of reading time to understand what is happening.

Also to note is that the 210m tranche 1 placement shares at 1c from 8th September would be well and truly soaked now. The only thing that might hold this back next week is major indices tanking......or not. AEV is treading it's own path and the DSO scoping study is due soon. I personally am not taking the risk of not holding but that's my opinion and not financial advice.

Expand

No.	Vol.	Price($)
5	7284260	0.5¢

No.

Vol.

Price($)

7284260

0.5¢

Price($)	Vol.	No.
0.6¢	8324063	12

Price($)

Vol.

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0.6¢

8324063

No.	Vol.	Price($)
5	7284260	0.005
13	7984631	0.004
11	6273337	0.003
8	5435000	0.002
4	7399950	0.001

No.

Vol.

Price($)

7284260

0.005

7984631

0.004

6273337

0.003

5435000

0.002

7399950

0.001

Price($)	Vol.	No.
0.006	7524063	11
0.007	6187807	9
0.008	7188125	9
0.009	386000	2
0.010	1321252	4

Price($)

Vol.

No.

0.006

7524063

0.007

6187807

0.008

7188125

0.009

386000

0.010

1321252

(20min delay)
Last 0.5¢		Change 0.000(0.00%)		Mkt cap ! $11.74M

Open	High	Low	Value	Volume
0.5¢	0.5¢	0.5¢	$4.891K	978.1K

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