i read it that he is applying for/ taking up his allocation - so cash will be received by NIU to the tune of $32,000
so in addition to his debt/equity swap, he will own another 16m shares ontop of everything else
i will be taking up my allocation.. having mgmt buying more shares is a good sign
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- Ann: Plant Optimisation Strategy Update 16 July 2018
Ann: Plant Optimisation Strategy Update 16 July 2018, page-11
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STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
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