AXE 0.00% 48.5¢ archer materials limited

Ann: Sale of all mineral tenements, page-127

  1. 130 Posts.
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    I think its fair to carry some doubt as many details are still absent.

    - IPO price per share
    - The 'Buyer' (it has been suggested iTech Minerals)
    - Value of these tenements sold
    - Reduction in SP / company value
    - IPO date


    As a small holder it doesn't excite me, but from all above assumptions it could be a 5-6% bonus if SP doesn't adjust down

    Happy to be corrected these are just my thoughts?

    Last edited by MJ328: 19/05/21
 
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