ASE 0.00% 3.8¢ astute metals nl

I don't think the recent dilution of shares is much of an issue,...

  1. 13 Posts.
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    I don't think the recent dilution of shares is much of an issue, the most recent shares issues were at the current market price of 0.004 with options to be exercised at 1c as per their announcement. Clearly this wasn't to give anyone an advantage as some have been suggesting. I really believe that the directors of ARO have high hopes for this company especially with such strong results being announced recently. The 1c option can be a good indication of where the company believes the share price will be in the future. The company's assets have been showing their value and I believe will pay off for shareholders.
    Last edited by bigbear1: 31/03/21
 
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